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Podcast: The Big Story
Episode: The Panama Canal is running dry, sending global shipping into chaos (again)
Description: It hasn't been an easy few years for global shippingβto say the least. From the pandemic to multiple conflicts, to accidents and disasters, getting products from point A to point B has never been less reliable or more expensive. And now a prolonged drought has the Panama Canal operating at a fraction of its usual capacity.What kind of price hikes or product shortages are at stake here? Is this temporary, or a new normal in the climate era? And if it is a new normal, what other shipping lanes might open as southern ones dry up...