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The Panama Canal Expansion: A Closer Look At The Canal and Trade Lanes

August 3, 2016

On June 26th a 9000 TEU COSCO vessel was the first to pass through the expanded Panama Canal. The expansion cost $5.25 billion and began in 2007.  The Panama Canal had previously been able to manage ships carrying no more than 4800 TEU. As the global ocean fleets conti...

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