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.

BY OLE ANDERSEN

Published: 11.02.14 at 10:07

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.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

Access all locked articles
Receive our daily newsletters
Access our app

Start a free company trial today

"The challenges we face as an industry require more skills and competencies"

Foto: Lucy Nicholson/Reuters/Ritzau Scanpix

They are a generation of future maritime leaders shaped both by Covid-19 and shutdowns and now by a world filled with tension. Four potential future managers enrolled in the Blue MBA program give their take on why it is important to improve your skills.

Leading shippers prepared to pay 10% extra for sustainable transportation

Shippers are willing to pay more for ”green” transportation if it’s reliable. But they have to state their wishes more clearly, and prices have to be lowered, writes McKinsey in a new report, which provides suggestions for how to accelerate decarbonization.