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Will the New Panama Canal Save the Shipping Industry?

Elementum

The expansion of the Panama Canal, which handles about a third of Asia-to-US trade, is poised to boost trade and shipping services by shortening the one-way journey by sea from Asia to the U.S. While ship transits through the Panama Canal rose 3.7% While ship transits through the Panama Canal rose 3.7% East Coast.

Panama 60
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Port of Los Angeles: Disintermediation and Other Risks

The UCLA Anderson Global Supply Chain Blog

Several key threats are noteworthy: Competition: Panama Canal expansion: it's expected to be completed in 2015; there's already been some debate about how it will affect LA, for instance, an LA Times article in 2011 predicted a 25% decrease in business for LA. Nicaragua is considering building its own canal.

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Experts Reveal Top Transportation Trends to Watch

Supply Chain Opz

for example, many of the east coast ports have expanded exponentially over the past decade in preparation for the Panama Canal expansion; however, it is unclear whether increased activity in the canal will lead to more business for these ports. In the U.S., In the rail sector, the big issue is capacity.

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Shipping Prospects Heat Up in the Arctic

Elementum

the Suez and Panama Canals) remains a point of contention. China is another major source of trade with skin in the game. In 2017, it sent a tanker through the Northern Sea Route in record speed and without an icebreaker escort for the first time. Not All Smooth Sailing From Here. However, the story gets more complicated.

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Shipping Prospects Heat Up in the Arctic

Elementum

the Suez and Panama Canals) remains a point of contention. China is another major source of trade with skin in the game. In 2017, it sent a tanker through the Northern Sea Route in record speed and without an icebreaker escort for the first time. Not All Smooth Sailing From Here. However, the story gets more complicated.

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High Seas Troubles Affect Global Supply Chains, Part One: Security Risks

Enterra Insights

Climate change is affecting another crucial waterway, the Panama Canal. Journalist Andrew Freedman explains, “Geopolitical risks in the Red Sea and extreme weather in Central America are converging, jostling global supply chains fed by the Suez and Panama Canals.”[3] 3] Neither security risks nor climate risks are easily addressed.