A severe drought in Panama has resulted in lower water levels in the Panama Canal, forcing some shippers to limit the amount of cargo their largest ships carry so they can safely navigate the waterway. “The last five months have been the driest dry season in the history of the canal,” said Carlos Vargas, the Panama Canal Authority’s executive vice president for environment, water and energy. The canal — an engineering masterwork that provides a shortcut between the Atlantic and Pacific — handles about 5 percent of maritime trade. Any hiccup in its operation can ripple through the global economy and affect the United States, the origin or destination for much of the canal’s traffic. And those problems may become more commonplace as the climate changes. Earlier […]