"Maersk Adopts Rail 'Land Bridge' to Navigate Panama Canal Drought"
TL;DR
Due to low water levels at the Panama Canal, Maersk will use trains to transport cargo for some vessels, causing delays for southbound vessels, while Hapag Lloyd will not follow suit due to insufficient rail capacity for its larger ships. The drought in Panama, worsened by the El Nino weather phenomenon, has led to decreased transit slots at the canal, forcing companies to reroute ships and causing disruptions in the global shipping network.
- Maersk to use rail for some vessels to bypass Panama Canal amid drought Reuters.com
- Panama Canal drought forces Maersk to start using 'land bridge' for Oceania cargo CNBC
- Maersk to use rail to bypass Panama Canal amid drought The Globe and Mail
- The dwindling of the Panama Canal boosts rival trade routes The Economist
- As Houthi missiles block the Suez, drought depletes the Panama Canal The Economist
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