The Panama Canal implemented the third of five draft adjustments, lowering it to 48.5 feet (14.78 meters), as a preventative measure against the drought caused by the El Niño phenomenon.
The country had already implemented the first adjustment on July 3 (49.5 feet) and the second on July 24 (49…
Read More...
Browsing Tag
drought
German economy threatened by low Rhine levels
The Rhine has reached its critical level due to the drought, a situation that is having a direct impact on the German economy, as companies are reducing merchant ship traffic on the river.
The waterway still accounts for 5 % of freight…
Corn production in Venezuela covers 50 % of current demand
Corn production in Venezuela currently covers 50 % of demand. According to Saúl Elías López, president of the Venezuelan Society of Agricultural Engineers, there is great uncertainty this year due to the climate situation and the conditions…
Ecuadorian cocoa is positioned above Ghana and the Ivory Coast in the market
In Ecuador, cocoa producers are considered the new rich of the agricultural sector given the shift in their position in the global market, displacing leaders such as Ghana and the Ivory Coast, where crops are affected by pests and drought.…