Forty percent (40%) of the Global Supply Chain came to a halt today as the Panama Canal shut down. Ships are presently stuck on both the Atlantic and Pacific Ocean sides of the canal because the FRESHWATER lake, which supplies the locks between the two oceans, has suffered a drought and can no longer fill the locks to allow ships to sail through the canal.
Forty percent (40%) of the Global Supply Chain came to a halt today as the Panama Canal shut down. Ships are presently stuck on both the Atlantic and Pacific Ocean sides of the canal because the FRESHWATER lake, which supplies the locks between the two oceans, has suffered a drought and can no longer fill the locks to allow ships to sail through the canal.