US shale gas boom a bonus for carriers as Panama Canal reduces some tolls
Container lines using the Panama Canal are set to benefit from an unexpected boom in shale ...
It is one of the most important shipping arteries in the world – certainly the most vulnerable, given its close location to the terrible events unfolding in Iraq, Syria and Libya, not to mention Palestine. And with the expansion project due to be opened in just a month, the tension is rising. Yesterday Egyptian authorities arrested 13 Muslim Brotherhood members accused of planting bombs along the path of the canal, while Splash247 reported that the Egyptian government was preparing for an Islamic State attack on the expanded waterway.
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