America's crisis being felt on the Panama Canal
The Panama Canal Authority reports that number of ships carrying merchandise through the Panama Canal has remained static and is unlikely to improve next year, due to the economic slowdown in the United States.
Wednesday, June 18, 2008
However, it adds, representatives of the Central American Integration Bank say that some Israeli companies have shown interest in participating in the construction of the new canal.
The ACP announced that it awarded the contract to perform quality assurance material testing to Laboratorios Contecon Urbar Panama, S.A.
The Egyptian Canal has an advantage over the Panamanian one not only in terms of its effectiveness in adapting to changes in the shipping industry, but also in the use of the opportunities that it creates for the logistics sector.
It is not only the port of Corozal which needs immediate promotion, there is also an urgent need to keep building port infrastructure in order to take advantage of the Canal expansion.
A protest by pilots who guide ships through the Panama Canal is causing unprecedented delays and bottlenecks in the waterway, according to reports from workers and shipping companies.
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