Record El Niño Forces Panama Canal To Cut Transits

The Panama Canal has announced it will reduce the number of daily ship passages for only the second time in its history, as an incoming El Niño threatens severe drought across the region. The UK Met Office has separately declared this El Niño event 'the strongest in living memory,' with scientists warning 2027 is now on track to be the hottest year ever recorded. The combined disruption threatens global supply chains that route roughly 5 percent of world trade through the canal.