Global trade in jeopardy amid crises at key waterways – FT ...News

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Global trade in jeopardy amid crises at key waterways – FT
source : Russia Today ( News ) () 61
Christmas presents may not arrive on time this year due to drought in Panama and shipping attacks near the Suez canal Disruptions to the Panama and Suez canals, two of the world’s key trade waterways, are threatening global supply chains, Financial Times reported on Friday, citing ship owners and operators. The Panama canal, a 50-mile-long (80.5km) waterway linking the Pacific and the Atlantic oceans, has been suffering from drought, which has diminished the water level and led to a reduction in the canal's throughput capacity. Compared with 238 vessels that transversed the waterway during the first week of Decemb

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