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Panama Canal wins back traffic lost to Suez

Friday, July 28, 2017

The Panama Canal’s enlargement has enabled it to win back most of the all-water traffic between Asia and the US East Coast that it lost to the rival Suez Canal route.

The Central American waterway’s share of the total headwall capacity on the route has risen to 74 percent, the level it had in 2010, after slumping to 48 percent at the beginning of 2016.

Source: Journal of Commerce