AGP Executive Report
Last update: 9 hours agoPanama Canal Operations: The ACP postponed a planned October cut to the Neopanamax draft, keeping the 48ft limit in place after reviewing Gatun Lake levels and weather forecasts, while drought-driven limits still cap Neopanamax transits at nine slots daily and Panamax availability is set to fall. Leadership at the Canal: Ilya Espino de Marotta officially took over as the Panama Canal’s first woman administrator, pledging efficiency, transparency and water-security focus as the waterway navigates drought, reliability and expansion priorities. Maritime Rules Under Strain: Eighteen shipping powers warned that global maritime rulemaking is eroding into a two-tier system, citing shadow fleets, wars and drought impacts—including Panama Canal disruptions. Regional Connectivity Push: Colombia’s president revived plans for an Atlantic–Pacific link through Chocó, potentially via canal or rail corridor, as part of a broader “Marshall Plan” for infrastructure and jobs. Food & Water Pressure from El Niño: WFP warned El Niño could push up to 16 million more people into food insecurity across Latin America, while Sri Lanka reported drinking-water shortages affecting over 115,000.
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