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All posts tagged panama canal
The Panama Canal Drought Increases Shipping Expenses
With its importance to global trade, there is no ignoring the jammed Panama Canal. Facing an unprecedented drought, the Panama Canal Authority has issued restrictions that are greatly slowing transit through the waterway–especially for container ships. In addition to limiting […]
The Panama Canal Expansion
Global trade patterns are expected to dramatically shift due to the recently expanded Panama Canal. The new set of locks, which opened in June, nearly triple the capacity of ships transiting the canal, from those able to carry 5,000 containers […]
East vs. West: Panama Canal Expansion to Affect Port Traffic
By Alex Batty, MHI Marketing Communications Coordinator |@mhi_alex With the Expansion of the Panama Canal, analysts are anticipating that shipping lane traffic will shift as large ships from East Asia can now choose to move through the Panama Canal, bypassing […]
U.S. East Coast Ports Could Gain 10 Percent Additional Share Following Panama Canal Expansion
Following the Panama Canal expansion next year, up to 10 percent of container traffic to the U.S. from East Asia could shift from West Coast ports to East Coast ports by 2020, according to new research conducted by The Boston […]