Thursday, June 23, 2016

Panama Canal expansion to be completed this month

Panama Canal expansion to be completed this month: "Some shipping companies have slowed their activities due to the ongoing uncertainty concerning the canal. Because New York, the largest eastern market, will remain without the ability to receive large freights, shipping companies will refrain to send their larger fleets. Others have opted for fitting their ships so they can fit the current infrastructure. One of the main concerns, in this case, is the Bayonne Bridge, which is to undergo a structural lift and a deepening of its harbor."