Shipping is an intensively competitive and capital-intensive business, with shippers, ports and even canals jockeying for position. Here are three recent articles on that subject, each with a different twist.
Canal competitiveness in question, The Bulletin Panama
A debate is raging in Panama over whether another set of locks – even bigger than those under construction- should be built. This article provides good insight on that issue and details on record-setting 20,000 container mega-ships under construction.
Giant ships in West Coast ports’ future, Mercury News
The Ports of LA and Long Beach are each spending over $1 million per day to expand capacity for megaships!
West Coast port cargo diverted east during slowdown likely to remain there, LA Biz
Another angle on port competiton…