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A Port Technology International interview with WWL CEO Joe Monaghan examines how El Niño and global warming have reduced Panama rainfall and cut canal draft. Delays and shipping constraints are rippling into neighbouring economies.
Ongoing canal constraints keep ocean freight costs high and unpredictable, a background factor for export grain and feed ingredient delivered prices.
porttechnology.orgMargherita BrunoSep 13, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
