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Panama Canal drought to delay grain ships well into 2024 By Karl Plume December 11, 20233:34 AM PSTUpdated December 11, 2023 ...
The firm has operated terminals adjacent to the Panama Canal since 1998 and secured a 25-year concession renewal in 2021.
The canal authority had contemplated that option for decades, especially as the population of the Panama City metro area swelled to 2.5 million, increasing demand for drinking water.
The problems at the Panama Canal, an engineering marvel that opened in 1914 and handles an estimated 5 percent of seaborne trade, is the latest example of how crucial parts of global supply chains ...
Experts in both countries are clear: Unless he goes to war with Panama, Trump can’t reassert control over a canal the U.S. agreed to cede in the 1970s.
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