Panama Canal restrictions could halt US coastal shift
The Panama Canal Authority (ACP) is to further reduce the maximum draft allowed for vessels ...
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As if the Panama Canal hasn’t enough problems already – cost overruns, project delays and the looming threat of a Nicaraguan competitor – comes this story that suggests a design flaw that could see 12,000teu vessels (to accommodate which is the main purpose of the multi-billion dollar expansion plan) unable to use the expanded waterway, or facing transit times double what they are now.
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