Panama Canal

Panama’s long-awaited canal expansion opens for business

    Panama opened the long-delayed US$5.4 billion expansion of its shipping canal on Sunday,inaugurating the interoceanic waterway and ushering in a new era in global trade. The Chinese container ship “Cosco Shipping Panama” entered the Agua Clara lock on the Atlantic side at 7:50 a.m. to begin the first crossing of the 50-mile-long waterway. It was […]

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