More rain sees normal service resumed on the Panama Canal – almost
Healthy rainfall in recent months has restored the Panama Canal to near-full operating depth, after ...
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
By the end of 2015, big “post-panamax” containerships, carrying almost three times the load of the ships that currently ply the canal, will finally have a clear, all-water shot from Shanghai or other Asian ports across the Pacific, through the isthmus, to the North American East Coast. It’s a game-changing development that stands to shake up trading around the globe, canal officials contend. It has already kicked up a furious competitive battle between ports on the Pacific and Atlantic sides of North America, with dredgers deepening channels, builders constructing huge new freight terminals and waterfront managers touting the virtues of their own ports. An interesting analysis by Edmund Newton.
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