The Panama Canal announced Saturday it will reduce the maximum number of ships travelling the waterway to 31 per day, from 32 in August, due to a drought that has reduced the supply of fresh water needed to operate the locks.
That compares to daily averages of 36 to 38 ships per day under normal operation.
Nine ships per day will be allowed to use the new, bigger NeoPanamax locks and 22 per day will be handled through the older Panamax locks.
The world economy about to learn what a 15% reduction in Panama Canal crossings does to supply chains
It might dissuade people from buying an iPhone or computer every year. So much stuff is thrown away prematurely.
EDIT: Nvm that was the Suez canal not Panama.
Wel it will be better than the 100% we had when a ship got stuck, of course that wasn’t a long term thing, this I do not know how long will last.
That got stuck in another canal, not the panama one. Maybe Suez?
Oh yeah right right it was Suez. My shitty memory again. Will edit the post.