The future of the Panama Canal is dark and stormy

The end of Panama’s dry season is in sight, and the Panama Canal Authority plans to welcome more vessels in the coming weeks. Panama Canal's future is dark and stormy, much to shippers’ relief, says FreightWaves. Panama Canal Authority: End of Panama's dry season in sight.

Panama is increasingly becoming the hub of illicit tobacco trade. It is costing the country massive loss of public revenues and raising questions over the policy response to this phenomenon. Panama tackling illicit trade: Panama tackling the problem with the country's policy response. The country is also facing questions over how to deal with the problem.

A water shortage forced officials to reduce traffic, but higher fees increased revenue. The Panama Canal didn’t lose money when ship crossings fell. The canal is the world's largest and most important shipping hub in the world, the Panama Canal says. The Canal is located in Panama City, Puerto Rico, Florida, and Panama City.