Maersk OC1 service to resume Panama Canal transit next month
Maersk is to resume its OC1 Oceania-North America east coast string as an all-water service ...
What is this new canal building craze that seems to be sweeping the shipping industry at the moment? First, the decidedly odd Nicaraguan plans seem to be gaining remarkable traction, given their enormous cost, and now Egyptian authorities, not content with one, have revealed plans to build a second Suez Canal, as part of its proposals for a huge logistics zone around the existing artery. It is expected to cost $4bn and be completed in five years.
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