Before the Ever Max ship carrying lava lamps, sofas, Halloween costumes and artificial Christmas trees could make its inaugural Panama Canal voyage this month, a historic drought forced it to drop weight by offloading hundreds of containers.
Weather-related disruptions denied the vessel, owned by Taiwanese shipping company Evergreen Marine, a chance on Aug. 1 to set a record for carrying the most containers through the vital maritime shortcut that connects the Pacific and Atlantic oceans.
The restrictions already are sending China-U.S. spot shipping prices up as much as 36% amid soaring sea temperatures that climate scientists warn could"You have to wave a caution flag because the temperatures are so far above normal," said Drew Lerner, founder and senior agriculture meteorologist at World Weather, whose customers include global commodity traders.
U.S-bound vessels caught in the bottlenecks have carried Barbie dolls, auto parts, BYD solar panels, water treatment equipment, diabetes testing kits and other goods, according to data from Steve Ferreira, CEO of a company that audits ocean shipping bills. The area around the canal is experiencing one of the two driest years in the country's 143 years of keeping records, data from the canal authority and the Smithsonian Tropical Research Institute showed. Rainfall measurements around the area are 30-50% below normal.
"It's the perfect storm of events," said Paton, who has monitored rain patterns in the Central American country for more than three decades. The vessel unloaded about 700 containers onto trains, retrieved them on the Atlantic side and continued on to the U.S. East Coast, according to the Canal Authority and Eikon vessel tracking. Ship owner Evergreen MarineCanal operators also cut the number of daily ship crossings to 32 from about 36 during normal operations since each passage requires about 50 million gallons of water, only a portion of which is recycled.
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