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Ports on US Eastern Seaboard invest millions in preparing for post-Panamax

Tuesday, February 7, 2012

While Panama is currently expanding its canal, Ports along the US Eastern Seaboard are preparing to handle the new, larger "post-Panamax" vessels.

New York and New Jersey plan to elevate a bridge, Georgia's governor proposed selling nearly $47 million in bonds to deepen Savannah's harbor and South Carolina plans on dredging the Charleston Harbor, which would cost $300 million.

Currently, Norfolk, Virginia, is the only U.S East Coast port that could handle the fully laden vessels that soon might sail through Panama.

Source: News Observer