Box ship transits through Panama Canal hold steady, despite drought limits
Despite the well-publicised drought that hampered its capacity, container vessel transits through the Panama Canal ...
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
You have to admit, the photos that came out of Panama showing the cracks in its new lock walls with water pouring into the locks does not look good. From whichever perspective you take. The construction consortium GPUC said that the “localised seepage was the result of insufficient steel reinforcement in the area while subjected to stress from extreme condition testing” – although “extreme conditions” is what life tends to present to infrastructure from time to time. Nevertheless, the Panama Canal Authority, on advice from the GUPC, has said the cracks won’t delay the opening of the expansion, although given that the GUPC’s timetable has already slipped by an entire two years, is that really credible?
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