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Panama Canal Cuts September Transits as Drought Worsens

8/27/2026

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Story summary
  • Panama Canal Authority will cut September transits due to drought.
  • Transit limit drops to 34 ships on Sept 3 and 32 on Sept 15.
  • Rainfall from May to August was about 34% below average.
  • Unreserved vessels face delays of over a week, with auction bids surging.
  • This is the second time the canal has imposed transit caps.