Resilinc Special Report
Bridge the Gap: How Industries Adapted to the Panama Canal Drought
An unrelenting drought in the Panama Canal, one of the world’s major trade routes, triggered transportation disruptions. Following the drought, the Panama Canal Authority (ACP) restricted the number of ships allowed to pass daily, impacting up to 70% of the vessels passing through. Top industries that faced the brunt included liquified petroleum, coal, and other dry bulk goods. With over 45M tons of vehicles passing through the canal annually, referred to as “roll-on-roll-off” cargo, automotive supply chains were also impacted.
In this Resilinc Special Report, we share data and insights on the impact of the Panama Canal restrictions on shipping costs and routes, key industry impacts, and how to best prepare for similar shipping disruptions in the future.
Key Insights:
- Panama Canal drought and overview of restrictions
- Transportation impacts: shipping costs, routes, and leading industries impacted
- Solutions to prepare for shipping disruptions: alternate routes and potential outlook