The Big Story The Panama Canal is running dry, sending global shipping into chaos (again)
Jan 31, 2024
Global shipping faces challenges from COVID, conflicts, accidents, and now a water shortage in the Panama Canal. The reduced capacity leads to price hikes, product shortages, and potential new shipping lanes. The impact of drought and El Nino worsens the situation. Delays in the canal increase consumer costs, leading to industry consolidation and nearshoring. Climate change and alternative routes are discussed as potential solutions.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
Challenges and Water Scarcity in the Panama Canal
01:55 • 8min
The Impact of Drought and El Nino in the Panama Canal Region
10:23 • 2min
The Impact of Canal Delays on Global Shipping and Consumer Costs
12:05 • 2min
The Water Problem and Alternative Routes
13:39 • 5min