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“The Panama canal plans to again cut maritime traffic due to worsening drought caused by the El Niño climate phenomenon, further choking up one of the world’s most important shipping lanes.”

“A tanker carrying liquefied petroleum gas paid a record $5.3 million (€4.5 million) for priority passage through the Panama Canal ahead of El Niño-related restrictions, the waterway's deputy administrator told AFP on Thursday.”

“The Panama Canal will cut the number of ships passing through it starting next month because of drought caused by the El Niño climate phenomenon, the operator of the strategic waterway linking the Atlantic and Pacific said.”