Independent journal on economy and transport policy
15:06 GMT+1
Panama Canal Giant in need of upgrading
(Shipping Times)
June 8, 1998
84-year-old waterway has stood up well to shipping demands but must be enlarged to handle the new mega ships By Felix Chan
THE Panama Canal requires an overhaul that would cost at least US$8.5 billion (S$12.8 billion), to cater to new mammoth vessels shipbuilders are designing that are too large to pass through its locks. About ...... Read more on Shipping Times
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