It hasn't been an easy few years for global shipping—to say the least. From the pandemic to multiple conflicts, to accidents and disasters, getting products from point A to point B has never been less reliable or more expensive. And now a prolonged drought has the Panama Canal operating at a fraction of its usual capacity.
What kind of price hikes or product shortages are at stake here? Is this temporary, or a new normal in the climate era? And if it is a new normal, what other shipping lanes might open as southern ones dry up? Should Canada be looking North?
GUEST: Mie Højris Dahl, reporting in Foreign Policy
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