Carriers unveil Panama Canal transit surcharges for new year
Two major carriers have announced new Panama Canal surcharges on Asia-US east coast transits in ...
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By Mike Wackett
On the face of it seeing water gushing through the chambers of one of the newly-installed locks in the Panama Canal is worrying.
The expanded waterway will be open to bigger ships in April next year and container lines are planning redeployments of their fleets accordingly to take advantage of a significant reduction in unit costs. According to gCaptain, currently neither the Panama Canal Authority (ACP) or constructor GUPC is able to say what the problem could mean to the delivery date of the project.
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