October deluge brings Panama Canal lake levels back towards normal

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Heavy October rainfall has raised Panama Canal water levels, bringing Gatun Lake close to its historical average and easing recent water constraints. Shipbrokers warn that a strong El Niño could still cause another prolonged drought and renew pressure on canal operations.

A surprisingly wet October has brought much-needed relief to the Panama Canal, with Gatun Lake recovering to near its historical average despite warnings that a powerful El Niño could trigger another prolonged drought. New research from Ursa Shipbrokers, drawing on Panama Canal Authority data, shows Gatun Lake averaged 85.80 ft (26.15 m) over the first …