Maersk Sees Global Container Market Growth Despite Trade War
A. P. Moller-Maersk A/S, a bellwether for world trade, forecast growth in the global container market as it sees consumer demand defying an intensifying trade war.
Photo credit: Panama Canal Authority
A U.S.-built crane ship was used to conduct a trial transit of the Panama Canal’s new Cocoli Locks on Monday ahead of next week’s inauguration of the Expanded Panama Canal.
The Panama Canal Authority reports that the Panama-flagged vessel, named Oceanus, was maneuvered through the Pacific-facing Cocoli Locks by Panama Canal Pilots Fernando Jaén and Ricardo Varela.
The inauguration of the Expanded Panama Canal will take place on Sunday, June 26 with the first commercial transit of the COSCO Shipping Panama containership. Commercial operations will begin the following day.
The trial run of the Oceanus follows transit testing of the Atlantic-facing Agua Clara locks earlier this month using the 255-meter-long, 43m wide bulk carrier, MV Baroque.
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