
global-trade-and-logistics4 min read
Panama Canal Cuts Capacity Amid El Niño, Driving Record Transit Costs
1 month ago•Source: Al Jazeera
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South Korea’s PanStar Acro departed Busan on August 22, 2026, for Europe via the Arctic Northern Sea Route, marking the nation’s first commercial trial of the corridor. The 40-to-45-day voyage aims to test viability as an alternative to the Suez Canal amid Middle East conflicts, though it faces environmental and geopolitical scrutiny.

CNN•2 months ago