Panama Canal restrictions could halt US coastal shift
The Panama Canal Authority (ACP) is to further reduce the maximum draft allowed for vessels ...
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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