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 ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
Leave it to China to steal the Panama Canal’s centennial thunder. Rumours of a partnership with the Nicaraguan government, and plans for a competing canal connecting its Pacific and Atlantic coasts, are picking up steam, according to inboundlogistics.com. Reports suggest the Sandinista government will give Chinese telecoms tycoon Wang Jing concessions to create a canal three times the length of Panama’s gateway. The deal would include stakes in proposed port operations, an airport, railroad, and other infrastructure developments. The price tag of the canal alone is estimated at close to $50 billion.
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