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Panama Canal
07/19/2024
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By Kevin Hughes
Shipping costs are rising all over the world, striking a huge blow to international trade
The impacts of restrictions on shipping in the Red Sea and Panama Canal are now being experienced around the world. Conflicts, economic downturns and restrictions on shipping all over the world are causing shipping costs to surge, straining the free flow of international trade. In the Middle East, for nearly 10 months now, Houthi forces from […]
12/05/2023
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By Belle Carter
Egypt’s Suez Canal to take more vessels as drought-stricken Panama Canal deals with bottleneck situation
A top executive at Greek shipping firm Angelicoussis Group recently warned that Egypt’s Suez Canal will need to take a lot more vessels should the bottleneck continue to build at the drought-stricken Panama Canal entrances. Bloomberg reported that during a conference in Athens, Sveinung Stohle, the company’s deputy chief executive officer, said that this is likely […]
11/06/2023
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By Kevin Hughes
China is triggering CONFLICTS around the world, alleges Col. John Mills
Former military officer and author Col. John Mills told host Brannon Howse during the Oct. 31 episode of the “Worldview Report” that China is triggering conflicts around the world. Mills described China as the new arsonist-in-chief, setting brush fires around the world to degrade, distract and take away American resources and capabilities. The retired U.S. […]
09/15/2023
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By Ethan Huff
Panama Canal traffic nearly HALTED due to “drought,” global supply chain NIGHTMARE to unfold
Through the rest of the month, the Panama Canal Authority (ACP) has suspended all bookings for super vessels in an attempt to mitigate the escalating backlog of ships waiting to proceed through the canal to their final destinations. The worst backlog right now is in the “super” category, which includes shipping vessels carrying between 4,000 […]
09/01/2023
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By Zoey Sky
Severe DROUGHT affecting Panama Canal threatens at least 40% of the world’s cargo ship traffic
A severe drought is threatening to disrupt shipping on the Panama Canal, the crucial waterway responsible for transporting 40 percent of the world’s cargo ship traffic. An estimated two-thirds of the canal’s traffic is either headed for or leaving the United States. The products that typically ship through the canal include petroleum products, grains, canned and refrigerated foods, […]
08/23/2023
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By Ethan Huff
Worsening DROUGHT creates “big mess” at Panama Canal; 200 ships stuck in major BOTTLENECK at one of world’s most important trading routes
Ever-worsening drought conditions in Panama have created a major shipping bottleneck at the Panama Canal, which has a “parking lot of vessels” piling up on both sides with no end in sight. Lack of water in the area has made it extra difficult for some ships to make it through one of the world’s most […]
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