The planned $5.25bn expansion of the Panama Canal is expected to be complete in 2014.
The amount of cargo moved will quadruple, while larger vessels will travel more quickly through the 48-mile ship canal, following the expansion.
Panama is using the canal expansion to develop its own port with some dredge material being used to increase landside facilities on the Atlantic and Pacific ends of the canal.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData