El Niño Could Reduce 2027 Canal Revenue by Up to $400 Million
The Panama Canal could earn $225 million to $400 million less in net revenue during its 2027 fiscal year under one scenario for the developing El Niño, a Canal finance
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News and developments from the Panama Canal, including operations, shipping, infrastructure and global trade.
The Panama Canal could earn $225 million to $400 million less in net revenue during its 2027 fiscal year under one scenario for the developing El Niño, a Canal finance
Panama has established a special fund to pay for security operations around parts of the Panama Canal, using contributions from the Canal Authority and placing the spending under the administration
The Panama Canal Authority’s proposed fiscal-year 2027 budget forecasts $5.555 billion in revenue and a direct Treasury contribution of $3.608 billion - $414 million more than budgeted
The Panama Canal Authority announced on August 20 that below-forecast rainfall requires new operating restrictions. Daily capacity will fall from 36 vessels to 34 on September 3, then to