Panama Canal expansion in the works

Someone has to pay for it: Port Technology reports that 'Zubieta stresses that if East Coast ports continue to delay the upgrade of their respective facilities then Panama itself will not realize the benefits of the canal doubling its capacity.'

The CEO of the Panama Canal Authority, Alberto Aleman Zubieta, has slammed port officials in Canada and the US for not making the most of the Panama Canal expansion.

Zubieta added of the importance in enhancing East Coast ports and its influence on the future of the canal’s income.

Read more at Port Technology