Topic
pacific
Commodities El Niño Disrupts Pacific Fisheries, Canceling Peru Anchovy Season and Boosting Tuna Catches
The 2026 'super' El Niño is already affecting Pacific fisheries dramatically. Peru has effectively canceled its anchovy fishing season due to warm waters driving fish deeper, while Southern California sees record tuna catches. Seafood prices are rising in local markets, with Peruvian jack mackerel and corvina prices doubling.
Logistics Canada pipeline plan signals major boost for Pacific tanker trade
Canada has unveiled plans for a new Pacific Coast pipeline that could add over 1 million barrels per day of tanker-loading capacity from southern British Columbia, reducing dependence on the US and boosting crude exports to Asia. The project follows the Trans Mountain Expansion, which tripled capacity and shifted two-thirds of Canadian crude exports to Asia-Pacific.
Commodities El Niño Threatens Global Crop Yields and Energy Grids
El Niño has formed in the Pacific, posing risks to global agriculture and energy. The phenomenon, identified by the Japan Meteorological Agency, could lead to reduced yields for key crops and strain power grids worldwide.