Ships backing up at one of the world’s key maritime chokepoints will become the norm with officials at the Panama Canal Authority warning last week that water-conserving measures will be in place for at least the next 10 months. Faced with an unprecedented drought this year, combined with the onset of the El Niño weather phenomenon, administrators at the Panama Canal have cut the draft restrictions for ships transiting its larger neopanamax locks by nearly 2 m as well as slashing the volume of ...