Conquerated Panama Canal Passs

The Panama Canal, where 6 percent of the agricultural ship traffic, started to experience serious problems due to drought, and the restrictions brought here led to the reduction of transitions. The southern country of Central America is located in the territory of Panama and the water level of the channel connecting the Great Ocean with the Atlas Ocean fell depending on the dense drought.

170 interests the country]
The breakdown of the tanker traffic on this channel is about 170 countries. On the drop of the water level due to the drought, the channel authorities limit the cargo vessels to the loads they carry. Panama Channel management also reduced daily ship passages, except for maximum vessel weights for water saving purposes. The dropping of the water level was forced to change in the load quantities of the vessels using the channel, which would not want to be able to offer the prices that are underway in the transportation. [

]Transportation prices increased
It was seen that spot shipping prices between the US and China rise up to 36 percent. The last crisis, the ship owners, less load transportation, passing to alternative routes that can add thousands of miles on the journey, or at the beginning of this month, backed up 160 vessels and dealt with the possibilities that delayed some vessels to 21 days. Channel managers reduced the number of daily ship passages from 36 to 32. This is because it is still drought. Because each pass requires about 50 million gallons of water, which is only recycled part. Channel management adopted the 15.24 meters deep in normal conditions, which must be under the water of the ships to pass, 13.55 in the first place, then download up to 13.4 meters. This limit was reduced to 13.1 meters in the droughts in 2016 and 2019 in Panama Canal. According to the information collected by Reuters, the last year passed over 14 thousand load-bearing tanker channels. This year seems to be sure that this number is quite below.

It carries more than 40 percent of the goods]
Known as the most common user of Panama Canal, container vessels carry more than 40 percent of consumption goods traded between Northeast Asia and the eastern coast of the USA. In the event that the Quran continues in this form, it seems to be sure that the ship traffic in Panama Canal is severely damaged. Marine transportation experts are commenting on the danger caused by radical dropping of precipitation in the fifth country of the world, and 80 percent of the global trade is seriously affected by the climate change risks of the ocean transportation industry.

Why is the Panama Channel important?]
The vessels who want to pass from Atlas Ocean to Pacific Ocean use this channel of 77 kilometers long. The US launched giant construction to make channel in 1909. Thousands of people in this channel in five years lost their lives due to difficult working conditions. The cost of the channel was $337 million with the money of that period. (about 7.3 billion dollars in our day). The business of the Panama government channel in 1999 received from the US with the Panama Channel Authority. Every year 14 thousand tankers, freight and passenger ship pass through Panama Canal. This comes to about 6 percent of global marine traffic. Ships pass 80 kilometers from the water pass 10 hours. Since 2003, Panama Canal Administration, a state institution that manages the channel, has reached $1.5 billion per year. The channel expansion work launched in 2007 was completed in 2016. The cost of expansion of the channel in 50 meters width and 300 meters neck was 5.5 billion. Panama aims to double its income with this study at least three times.