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Panama Canal expansion will wipe away curbs

Friday, May 29, 2015

The expansion of the Panama Canal early next year will make an enormous quantity of container ship tonnage available for services that transit the canal, wiping away current capacity restrictions that restrict usage to only small and inefficient ships by today’s standards.

The opening of the third set of locks, currently set for April, will overnight unlock the canal to 45 percent of the total container ship fleet.

Source: Journal of Commerce