AGP Executive Report
Last update: 7 hours agoPanama Canal Capacity Crunch: The ACP says El Niño-driven drought is forcing another round of cuts, trimming daily transits from 40 to 34 (then 32) starting Sept. 4–15, with Neopanamax slots set to 9 and Panamax to 25 before dropping to 23; it also adjusts daily auctions and draft limits to protect watershed water supplies. Shipping Costs & Route Shifts: With canal capacity tightening, carriers are already rerouting and shippers are bracing for higher costs and longer waits, while regional logistics players watch West Coast alternatives. Cyber & Finance Threats: Banking trojans Manic and Grandoreiro remain active, with Manic reported targeting banks and services and using offline relay tactics when command access is limited. AI Books Backlash: U.S. civil groups urge the FTC to investigate “hoard-and-destroy” book scanning by major AI firms, arguing it could distort competition. Trade Links: Crowley launched a weekly Port Houston–Central America container service (Guatemala and Honduras) starting Sept. 10, aiming to speed time-sensitive cargo. Energy Project Delay: Colombia’s Pacific regasification plant startup is delayed 22–30 days to Nov. 1 after earthquake damage to port roads blocked machinery unloading.
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