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1 – 10 of 42The situation has seen water levels drop significantly at Lakes Alhajuela and Gatun which supply water for more than half the population and the Panama Canal. Impacts on the Canal…
Details
DOI: 10.1108/OXAN-DB279835
ISSN: 2633-304X
Keywords
Geographic
Topical
This paper focusses on the aftermath of disruptions and the importance of the two largest canals (Suez and Panama), commenting on how during the pandemic the canal fees were…
Abstract
Purpose
This paper focusses on the aftermath of disruptions and the importance of the two largest canals (Suez and Panama), commenting on how during the pandemic the canal fees were lowered. Considering the ongoing efforts to decarbonize shipping, some of the ongoing disruptions will help reach these objectives faster.
Design/methodology/approach
Following a literature review of route choice in shipping, and a presentation of significant disruptions in recent years, the author deploys a simplified fuel consumption model and conduct case study analyses to compare different routes environmentally and economically.
Findings
The results explain why at times of low fuel prices as in 2020, canals provided discounts to entice ship operators to keep transiting these, instead of opting for longer routes. Considering the ongoing repercussions of the pandemic in supply chains, as well as the potential introduction of market-based measures in shipping, the value of transiting canals will be much higher in the coming years.
Research limitations/implications
The main limitation in this work is that the author used the publicly available information on canal tolls, for the different ship types examined.
Practical implications
The envisioned model is simple, and it can be readily used for any ship and route (port to port) combination available, if ship data are available to researchers.
Social implications
It is possible that canal tolls will increase, to account for the additional environmental benefits brought to ship operators.
Originality/value
The methodology is simple and transferable, and the author proposes several interesting research questions for follow-up work.
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PANAMA: Drought to pose enduring challenges for canal
Details
DOI: 10.1108/OXAN-ES279326
ISSN: 2633-304X
Keywords
Geographic
Topical
Mulino assumed the candidacy late in the race, after former President Ricardo Martinelli (2009-14) was disqualified over a corruption conviction. The new president will face…
Details
DOI: 10.1108/OXAN-DB286964
ISSN: 2633-304X
Keywords
Geographic
Topical
Growth rates are strongest in the Americas, China, India and the Middle East. However, disruptions in the Red Sea and Panama Canal, and now the closure of the port of Baltimore…
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DOI: 10.1108/OXAN-DB286315
ISSN: 2633-304X
Keywords
Geographic
Topical
Panama has demonstrated resilience and maintained economic momentum, despite challenges such as reduced traffic through the drought-stricken Panama Canal and the closure, after…
Details
DOI: 10.1108/OXAN-DB286475
ISSN: 2633-304X
Keywords
Geographic
Topical
The situation has sent policymakers scrambling to identify fixes, as shippers explore alternative routes and the country faces the loss of hundreds of millions of US dollars in…
Details
DOI: 10.1108/OXAN-DB284982
ISSN: 2633-304X
Keywords
Geographic
Topical
PANAMA: Shippers may seek more Canal alternatives
Details
DOI: 10.1108/OXAN-ES284657
ISSN: 2633-304X
Keywords
Geographic
Topical
PANAMA: Canal faces practical and reputational risks
The Panama Canal remains functional and profitable, but low water levels have caused restrictions and delays