AGP Executive Report
Last update: 8 hours agoCanal & Shipping: The Panama Canal moved a record 521 million tons of cargo on nearly 14,000 ships in fiscal 2026, as Strait of Hormuz disruption boosted traffic. But drought has forced transit cuts, underscoring the waterway’s exposure to El Niño. Logistics Investment: Swedish engineering company SKF plans a Panama distribution center serving Central America, Mexico, Colombia, Ecuador and Peru, with operations expected to begin in about 17 months. Agriculture Under Pressure: Drought is hitting producers in Azuero, where cattle feed and water are scarce; rice growers also face the possible loss of 12,000 hectares of production.
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