ACP to start work on new reservoir, as more rain eases Panama Canal draught
Water levels at the Panama Canal returning to normal faster than anticipated means the permissible ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
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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