Already hampered by problems at the Panama Canal, shipping companies are now steering clear of the Suez Canal to avoid being attacked in the Red Sea.
Tag: Panama Canal and Canal Zone
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Drought Saps the Panama Canal, Disrupting Global Trade
The number of ships that can travel through the vital route has fallen sharply this year because of a lack of water for the locks, raising costs and slowing deliveries.
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Climate Change Could Worsen Supply Chain Turmoil
A drought that has crippled economic activity in southwestern China hints at the kind of disruption that climate change could wreak on global supply chains.