Panama Canal Update February 2024. Explore the impact of seasonal rainfall shortage and the looming return of el niño on the panama canal. The restriction saw daily transits reduced to 27 vessels (from 36 vessels), with larger ships carrying less cargo due to weight restrictions.
We are presently with 32 transits per day until. The panama canal’s budget for fiscal year 2024 begins next sunday, as the authority will continue to manage its operations to maximize water availability in the extreme drought.