Tag: Panama Canal Expansion

The largest infrastructure project since the waterways original construction, the Panama Canal Expansion Program

ITF commissions Panama Canal safety study

The Panama Canal technical team is closely involved to ensure that all tests meet the quality standards established in the contract

Panama Canal Video

The Panama Canal Authority (ACP) has announced the suspension of the first draft restriction that was scheduled to go into effect September 8, 2015, as announced previously to all shipping agents, owners and operators working with the Canal.

With the project 91% completed, the Panama Canal Expansion has reached its final stretch

Panama Canal Video

The Panama Canal has taken yet another step forward toward the completion of the Canal Expansion Program

According to BCG Report Image: East Coast Ports stand to gain 10% additional share of container traffic from East Asia to the US (Image Credit: BCG)Following the Panama Canal expansion in 2016, up to 10 percent of container traffic to the U.S. from East Asia could shift from West Coast ports to East Coast ports by 2020, according to new research conducted by The Boston Consulting Group (BCG) andC.H. Robinson. Rerouting that volume is equivalent to building a port roughly double the size of the ports in Savannah and Charleston.The researchwhich involved extensive scenario analyses based on differing levels of demand, capacity, and costsis believed to be the most comprehensive public study of how the canals expansion will likely change the way cargo moves, by both water and land, into and within the U.S. The findings have been released in a report titledWide Open: How the Panama Canal Is Redrawing the Logistics Map.The $5 billion expansion will permanently alter the competitive balance between ports on the East and West coasts. With global container flows rising, West Coast ports will still handle more traffic than they do today, but they will experience lower growth rates and their market share will likely ...