Panama Canal head takes over as drought strains waterway
Ilya Espino de Marotta took over Monday as head of the Panama Canal Authority as the 50-mile route struggles to meet shipping demand amid drought and geopolitics; it carries 40% of U.S. containerized trade.
Ilya Espino de Marotta took over Monday as head of the Panama Canal Authority at a critical time in the waterway’s history. S. containerized trade and is struggling to meet shipping demand because of drought.