AGP Executive Report
Last update: 2 hours agoPanama Canal & Climate Pressure: The ACP marked 112 years of operations with traffic up (10,623 deep-draft transits in FY2026’s first 10 months, +6.1%), but officials are also bracing for El Niño-driven freshwater strain that can tighten draft limits and raise costs. Shipping Costs & Transparency: Container lines have started adding Panama Canal Adjustment Surcharges, but shippers say there’s little clarity on what’s driving the price jump as drought and Hormuz disruption reduce capacity. Bocas del Toro Weather Alert: SINAPROC issued a Green Alert for heavy rain, storms, and gusts across Bocas del Toro, the Ngabe-Buglé comarca, and Naso Tjer Di, warning of flooding and landslides and urging people to avoid rivers and beaches. Wildlife Trade Crackdown: Panama seized a container with 109 sacks of shark fins at Manzanillo after it was misdeclared as fish maw; ARAP and the environment ministry will identify species and pursue sanctions if CITES-listed sharks are confirmed. Marine Conservation Policy (US): NOAA moved to dismantle some marine protections and loosen fishing restrictions, a shift critics say puts profits ahead of sustaining ocean ecosystems.
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