A new reservoir at the Panama Canal to improve reliability could be ready within four to five years of construction, but there are regulatory and social hurdles to overcome first.
The Panama Canal Authority (ACP) has been weighing-up “long-term solutions” to bolster the resilience of its key shipping route following last year’s El Nino-induced drought, which saw a reduction in daily transits.
The canal has a design capacity of 36 transits …
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