What the oncoming El Niño weather phenomenon will mean for global shipping

What the oncoming El Niño weather phenomenon will mean for global shipping
May 31, 2023 https://splash247.com/what-the-oncoming-el-nino-weather-phenomenon-will-...

Meteorologists warn there’s a 90% chance of the El Niño weather phenomenon hitting this year with widespread repercussions for shipping from weaker agricultural output to greater storms in the Pacific and lower drafts along key waterways such as the Panama Canal.

Satellite imagery already shows the early warning signs of the wild weather to come with warmer waters along the equator edging towards the west coast of South America.

The May issue of Splash Extra leads with advice about what shipping can expect as and when El Niño hits later this year while inside there’s regular markets commentary on the main shipping segments, an S&P roundup, with this month’s in-depth feature looking at the primacy of the US dollar and whether it can continue to be shipping’s currency of choice.

Published on the last Wednesday of every month and priced for as little as $200 a year, Splash Extra serves as a concise monthly snapshot, ensuring readers are on top of where the shipping markets are headed. For more details on Splash Extra subscriptions, click here (https://splash247.com/plans/extra/)