( ) -q-26- UNDATED (Correspondent Jeremy House) “under normal operation.” The managers of the Panama Canal say they expect income from the waterway to drop. [CutID: <Cuts> PANAMA-CANAL-house-q-FRIam.mp3 Time: 26s Title: PANAMA-CANAL-house-q-FRIam Out-cue: under normal operation] TAG: Correspondent Jeremy House reporting. Rain is needed to feed the watershed system of rivers and brooks that fill […]
Audio
Panama Canal foresees its income falling after shipping limited due to a drought
( ) -q-26- UNDATED (Correspondent Jeremy House) “under normal operation.”
The managers of the Panama Canal say they expect income from the waterway to drop.
[CutID: <Cuts> PANAMA-CANAL-house-q-FRIam.mp3
Time: 26s
Title: PANAMA-CANAL-house-q-FRIam
Out-cue: under normal operation]
TAG: Correspondent Jeremy House reporting. Rain is needed to feed the watershed system of rivers and brooks that fill lakes, whose waters in turn fill the locks.
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VERBATIM: The forecast was made after authorities were forced to limit the number of ships passing through to 32 due to a lack of rainfall. The canal’s administrator says income in 2024 could drop by as much as $200 million because of the drought. The canal implemented a measure recently, capping the number of ships passing through its locks daily to a maximum of 32, compared to 36 to 38 under normal operation.