Greek shipping giant warns Panama Canal chaos may hit Suez
The drought at the Panama Canal and subsequent waiting times and restrictions will send more ships to the Suez Canal, which could trigger bottlenecks there.
By Anna Shiryaevskaya, Bloomberg
Unprecedented congestion at the Panama Canal could ultimately result in delays at Egypt’s Suez Canal, potentially affecting cargoes of liquefied natural gas, according to a top official at Greek shipping giant Angelicoussis Group
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The Panama Canal ship queue grows longer by the day
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