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The giant Panama Canal expansion opens June 26 amid much fanfare and one of the worst shipping industry slumps ever. While it won’t do anything to help the dire state of the industry near-term ...
The United States led the construction of the original canal in the early 20th century and held control of the waterway until 1999, when it was ceded to Panama. The expansion project was overseen ...
PANAMA CITY, Panama — Panama blasted away part of a hillside next to the canal on Monday, marking the start of the waterway’s biggest expansion since it opened 93 years ago. In the presence of ...
June 26 is opening of an ambitious, $5.4 billion expansion of the Panama Canal, which will double cargo capacity and beat the Suez for big ships from Asia to East Coast by 5 days.
A Chinese freighter laden with nearly 9,500 metal cargo containers transited the expanded Panama Canal on Sunday, inaugurating the interoceanic waterway and opening a new era in global trade.
The opening of a new, third set of locks on the Panama Canal will cut the distance between the US and Far East by more than one-third for vessels that can now transit the waterway but hadn’t ...
Dispute tying up expansion of Panama Canal goes to arbitration . Originally published July 20, 2014 at 10:13 pm Updated July 21, 2014 at 12:16 am . Share story. By . Mimi Whitefield.
PANAMA CITY - With a band playing and flags waving, a Chinese ship carrying more than 9,000 containers on Sunday entered the newly expanded locks that will double the Panama Canal's capacity in a ...
The Panama Canal is a force in worldwide commerce. It leverages its location at the intersection of two oceans and two continents and is responsible for a total of 15 percent of Panama’s gross ...
The Panama Canal's current expansion plan was originally set at $5.25 billion but the costs rose and the administrator became locked in a dispute with building consortium Grupo Unidos Por el Canal ...
Work to expand the Panama Canal has virtually halted, and the group in charge of construction said the project is on the "brink of failure" after talks to resolve $1.6 billion in cost overruns ...
In 2007, hundreds of engineers, excavators and geologists gathered in Panama to begin the daunting task of widening and deepening the country's historic canal. Paleontologists weren't far behind.
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