Annual rainfall in 2023 was down by about a quarter compared to normal levels, researchers said
Geopolitical risk and climate change highlight the need for resilience in core supply routes
Move will affect an important route for global trade
Upgrade to vital waterway may be required to cope with impact of more extreme weather
Gates swing open to bigger ships riding out capacity storm in container sector
Panama Canal, energy and mining are all big draws
Newly parsimonious shoppers are having an impact on container trade, Panama Canal chief warns
Chinese companies bet on expanding trade routes through Panama and Nicaragua
50 per cent cost escalation is much more than the norm
Contractors led by Spain’s Sacyr rejected the offer as too low