AGP Executive Report
Last update: 6 hours agoWater and Trade: Drought is squeezing Panama’s farms and threatening the water supply behind Canal operations, with El Niño expected to add pressure. The government’s water emergency runs through June 2027. To give shippers more certainty, the Canal will offer advance slots for both Panamax and Neopanamax locks from January to April. Maritime Business: September bunker sales fell 7% to 385,000 metric tons, with fewer ships calling and HSFO volumes at their lowest since July 2023; VLSFO sales rose. Agriculture: Earthquake-damaged roads and bridges could put 12,000 hectares of rice at risk in Azuero by disrupting harvest transport. Business Climate: Panama has been removed from the EU’s tax blacklist, while service exports are forecast to exceed $11.13 billion in 2026. The country is also set to receive $17.4 million from catastrophic earthquake insurance.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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