Two Canals, Two Big Problems—One Global Shipping Mess

More than 50 ships queued to cross the Panama Canal on a recent day—from tankers hauling propane to cargo ships packed with food. A prolonged drought has led the canal’s operator to cut the number of crossings, resulting in longer waits. 

Drought in Panama and Houthi attacks in the Red Sea are delaying deliveries and pushing up costs

• The tolls that ships pay are now around eight times more expensive than normal.

Over 7,000 miles away, vessels that move containers through Egypt’s Suez Canal are waiting for naval escorts or avoiding the passage altogether to take a much longer voyage

The Wall Street Journal

2 days ago

Two Canals, Two Big Problems—One Global Shipping Mess - WSJ