The Effects of Climate Change on the Shipping Industry
MTS Logistics
DECEMBER 20, 2021
A couple of weeks ago, there was an important announcement that did not get much media attention. It was regarding a greenhouse gas fee that the Panama Canal will be starting to collect soon. Due to the effects of climate change, the Panama Canal is experiencing big problems with water availability. 2019 was a record year during which many vessels had tonnage restrictions.
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