Drewry: Panama delay boosts Suez

The considerable delays of the expansion of the Panama Canal make carriers between the US and Asia use the Suez Canal instead. However, Drewry points out, this is unlikely to have a significant long-term impact.

The delays of the expansions to the Panama Canal have had an effect on the total volumes transported through the locks, says Drewry in a new analysis of the conditions of the Panama Canal, which also considers the developments of the Suez Canal.

The postponement of the Panama project, which means that the final locks will likely not be installed before late 2015, is leading to increased traffic in Suez, says Drewry.

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