Looks like rain: Panama Canal Authority eyes return to normal service
The Panama Canal could be back at nearly full capacity in time for this year’s ...
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It is all kicking off again in Egypt, and supply chain and ocean shipping consultant Drewry has revisited the implications of the world’s busiest shipping artery being closed to commercial traffic. For some, the mere thought of the Suez Canal closing is a vision of supply chain chaos, but that’s not necessarily the case – with so much spare tonnage floating about, it wouldn’t take too much effort for container lines to deploy more ships and steam via the Cape of Good Hope. Expect it to cost more though.
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