Swedish Club Warns Cape Horn Is No Simple Panama Canal Alternative
A tightening Panama Canal is once again forcing shipowners to weigh longer routes around South America, but the Swedish Club is warning that Cape Horn and the Strait of Magellan...
The Panama Canal Expansion Program is nearing completion with the construction of the Third Set of Locks reaching 90% completion this month.
The Panama Canal Expansion Program will create a new lane of traffic along the Canal through the construction of a new set of locks, increasing the waterway’s capacity. The new locks will have three chambers, water-saving basins, lateral filling and emptying system and rolling gates. Here’s an update on the project from the Panama Canal Authority:
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