The Panama Canal is running out of water, threatening to slow down the global supply chains and economies that depend on it. 40% of all U.S. container ship traffic passes through the canal, but now a severe, historic drought threatens the artificial waterway’s future. The disruption at the Panama Canal complicates all the logistical systems associated with cargo and commerce.
WSJ takes you inside the canal’s operations to understand what this means for the future of this vital shipping waterway and looks at how the canal is adapting to meet the need for more water.
0:00 Traffic jam in the Panama Canal
0:46 How the canal works
2:42 Impacts on cargo shipping industry
6:12 Ripple effects on global economy
7:47 How the canal is adapting
#PanamaCanal #Economy #WSJ
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