ACP plans new reservoir to avoid repeat of Panama Canal restrictions
A new reservoir at the Panama Canal to improve reliability could be ready within four ...
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The Suez Canal is said to earn the Egyptian government around $5bn in revenue a year, and it is seeking to build on this with the development of a huge new logistics cluster along the world’s busiest shipping artery. But it will not be an easy task, as shipping traffic through the canal has previously been the target of Islamist militants keen to destabilise the army-dominated government.
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