El Niño drought slows Panama Canal shipping again
Caroline AylwardJonathan  Belles
ByCaroline AylwardandJonathan Belles•
3 hours agoUpdated: September 29, 2026, 6:08 am EDTPublished: September 29, 2026, 5:19 am EDT

A developing El Niño could cut Panama's rains short, lowering the reservoirs that feed the Panama Canal and slowing shipping traffic. Daily transits are already dropping, and during the 2023 El Niño, the driest October on record pushed Gatun Lake to historic lows and forced the canal to slash crossings by a third. Here's how rainfall in one corner of Central America may end up costing you at the checkout line.

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