Why the Panama Canal is Dying

It’s a long queue that could have repercussions on our daily lives. For the past few weeks, hundreds of container ships have been clogging up in front of one of the essential links in international trade. The Panama Canal, a gigantic corridor some 80 kilometers long, has been taken over by merchant ships. They are all waiting to cross this 100-year-old passage linking the Atlantic and Pacific Oceans. Some 14,000 ships use it every year, accounting for 6% of the world’s merchandise flow. A vital link in the supply chain to stores all over the world, but one that’s set to continue... Technical failure, lack of space, climate issues... why is this marvel of engineering, with its eventful history, now under threat? Back in 2006, the queues in Panama were already making headlines. The canal had become too dilapidated, too small to accommodate the new container ships, ever larger, ever wider and ever bigger. After a referendum vote, the country embarked on a 6 billion euro expansion of the canal. In 2016, the new canal opened its locks and was able to accommodate 95% of the world’s ships. Lake Gatun has also been transformed. Its bed was deepened by 45 cm. This work was intended to allow more boats to pass through every day. Despite expectations, this pharaonic project has not solved the water shortage problem. In the face of drought, Panama seems helpless. For the time being, the first response has been to confirm the restrictions on passages for the coming year, if the rains are not sufficient until November, the end of the country’s rainy season. The authorities are aware that action needs to be taken: “From the point of view of the volume of water required by the Panama Canal, another source of supply is necessary“, said Canal Administrator Ricaurte Vásquez in mid-September. At a press conference, he unveiled an outline of the solution. The creation of a new water reservoir to the west of the canal. This would be made up of water from the Indio River. This reservoir would feed the main artificial lake, Lake Gatún, via an 8-kilometre underground water pipeline. This new source of supply will have to be built up first, and this is likely to take some time. According to estimates, it will take around three months if rainfall is abundant, and almost 2.5 years if drought persists. Another potential project announced by the company involves extracting the precious liquid from Lake Bayano, located to the west of the Canal, and then pouring it into the sea passage. These new developments still need to be consolidated, approved and financed before they can see the light of day. In its latest press release at the time of this video’s release, the company managing the canal announced that the situation was improving, with boats waiting less than they did a month or two ago. Nevertheless, the level of Lake Gatún remains dramatically low, more than 2 meters below seasonal norms. This proves that the problem remains unresolved. Looking 4 also continues on Discord and Instagram 👇 Instagram of the channel 👇 The Discord link to exchange with the Looking 4 community 👇 For more videos, feel free to subscribe to the channel just below 👇 Some images come from France 2, Arte, TV5 Monde, France 24, Lesics, The Panama Canal, Canal de Panamá, HISTORY, The Financial Pipeline, OC Films, Luc Martinez, Journal de Guerre, South Florida PBS, ABC News, CBS Mornings, thanks to all of them! For any Copyright issues, please reach out to us first before filing a claim with YouTube. Send us a message or email detailing your concerns and we’ll make sure the matter is resolved immediately. All contact details in our channel’s “About“ page! Please consider “fair use“ before filing a claim. Thank You! 📽 My other royalty free images and music.👇 ✔ #construction #panamacanal 00:00 Traffic jams in front of the Panama Canal 00:50 Ferdinand de Lesseps’ failure to build the Panama Canal 03:24 American takeover of the project 04:34 The calibration of locks and the birth of Panamaxes 05:13 The return of the Canal to Panama 05:30 The Canal: Panama’s economic lung 06:15 How the Panama Canal works 06:59 Drought threatens the canal 08:26 Expansion of the Panama Canal 10:42 Proposed projects to counter the effects of global warming 2023 Looking 4 (En) | All rights reserved.