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Panama Canal to lose another service

Tuesday, April 22, 2014

The Panama Canal is losing another shipping service due to Evergreen joining the CKYHE alliance.

The alliance will deploy 8,500 TEU-capacity vessels, which are too large for the canal, on two services, which cannot transit and will be redirected to the Suez Canal.

In total, the Panama Canal has lost 104 transits per year due to the consolidation of several services in search of economies of scale.

Source: Seatrade Global