15 August 2023
Freight News

Panama Canal Pileup Due to Drought Reaches 154 Vessels

The number of vessels waiting to cross the Panama Canal has reached 154, and slots for carriers to book passage are being reduced in an effort to manage congestion caused by ongoing drought conditions that have roiled the major shipping gateway since the spring. The current wait time to cross the canal is now around 21 days.

Read more in an article from CNBC.

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