Container carriers hit hard by Panama dispute

The expansion of the Panama Canal has already been delayed one year, and the consequences will be felt by carriers who have spent years preparing for the expansion, says Alphaliner.

Photo: Maersk Line

A long line of the major container carriers will be hit hard if the expansion of the Panama Canal is delayed and the work is not completed as planned, by late 2014 or early 2015.

Beyond the fact that the container sector currently accounts for 26 percent of the canal transits and 52 percent of the tolls collected, several carriers have made significant investments in new and bigger ships adapted for the expanded canal, says Alphaliner on Tuesday.

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