Troubles arise in Panama Canal expansion



As US ports continue to invest millions in major renovations to accommodate new so-called “Post-Panamax ships,” the project that has spawned the advent of these four-football-fields-long vessels — the Panama Canal expansion — has hit troubled waters.  Major cost overruns, work stoppages, financial disputes and international arbitration have cast a “cloud of uncertainty” over the project.

Listen to a recent story on National Public Radio that provides an overview of the situation which, regardless of the outcome, will have major impacts on global trade.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.