BBC Business21 Aug, 06:46bbc.co.uk

Panama Canal to cut number of ships passing through due to El Niño

The crucial waterway's operator says low rainfall caused by the ocean pattern had led to the decision.

Headline and excerpt published by BBC Business. The full article is on their site.

Blast radius

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Reduced Panama Canal throughput drives longer shipping times and higher costs for container lines and manufacturers dependent on transpacific trade.

Headwind (3)

A.P. Moller-MaerskMAERSK.Bknock-onWorld's largest container shipper faces reduced canal capacity, extending transit times and raising per-unit shipping costs.
MSC (Mediterranean Shipping Company)knock-onMajor container operator will see elevated fuel and delay costs on transpacific routes via the canal.
CMA CGMCMAknock-onThird-largest global container line bears direct cost pressure from congestion and rerouting on Asia-US trades.

Sectors

Global shipping and logistics
Asia-Pacific container shipping
US importers and consumer goods

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Working out the blast radiusAutomated · not advice

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