Tuesday 9 September 2014

Panama, Suez, Nicaragua canal schemes miss trade boat: analysts

TRADE WARS
Panama, Suez, Nicaragua canal schemes miss trade boat: analysts
London (AFP) Sept 07, 2014 - Vast projects to expand the Suez and Panama canals are being talked up as the biggest upheaval for decades in global maritime traffic, but experts say they could be outflanked by a trade shift towards Asia. In recent years, freight traffic travelling from Asia to the east coast of the United States has increasingly circumvented the Panama Canal and its restrictions on ship size in favour of ... more


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