EXTENDED CANAL * Panama: Port of Houston & Carolinas' aims to be distribution hubs
* Supersize Panama Canal could increase direct trade with Asia
--- Years of construction, delay and anticipation will crest on June 26 as the first containership officially traverses the expanded Panama Canal. While the Central American channel has not always been a significant trade route for the Port of Houston Authority, officials say the expansion could help boost its burgeoning trade with Asia... A decade or so ago, the Port Authority didn't receive any containerships from Asia. Now three of its 18 weekly scheduled arrivals come from Asia via the Panama Canal. All are major carriers, and together they account for a significant chunk of the port's container's business. The most recent service began a few weeks ago... The Port Authority doesn't know when one of the dramatically larger containerships that can now maneuver the Panama Canal will arrive in Houston, but it expects shipping line carriers with weekly services from Asia to consider using the larger vessels... Bigger ships bring down the cost per container. In theory, the expanded canal's ability to receive such vessels could help the Port of Houston attract ships that have been docking along the West Coast and using railroads to ship goods inland. Sailing straight to Houston with more goods could become an affordable alternative...
(Image: Panama is expanding the capacity of the Panama Canal, through the addition of a "third lane" of locks) -- Panama Canal - Transport Topics, by Andrea Rumbaugh & Emma Hinchliffe - 24 June 2016
* USA / Carolinas Ports getting ready for bigger ships from Panama Canal
--- The North Carolina State Port Authority is nearing completion of infrastructure improvements designed to prepare the Port of Wilmington for larger ships traveling through the new locks at the Panama Canal. Seven years after the worldwide competition to build a new set of locks, the canal started accommodating larger ships June 26. This is expected to have wide-ranging effects on the flow of goods to and from Asia, Africa, Europe and the Americas... For more than 100 years, the Panama Canal has helped power the world economy. Hundreds of ships travel through the canal’s original locks every month...
(Photo: Another aerial view Panama's Canal expansion) -- South Carolina, USA - Transport Topics - 27 June 2016
Labels: transport and logistics news
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