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AnExpandedPanamaCanal.pdf

An Expanded Panama Canal

The expansion of the Panama Canal fostered an increase in the Neo-Panamax and Post-Panamax ship use. Cargo volumes were directly increased for

intraregional ports and ports within the United States Gulf of Mexico and east coast [Note the Panama Canal Tra�c Chart below]. Further, using these

signi�cantly larger vessels doubled the maximum container ship size. The economics favored the shipping companies as this reduced the overall

vessel cost per day for transported containers. This is the primary “plus”. However, there are signi�cant downsides to operating these increasingly

larger vessels; at some points, ports will simply not be able to handle multiple Panamax ships in port at the same time based on infrastructure. The lack

of a quali�ed workforce adds to this issue.

(Miller, K., & Hyodo, T. (2021, July 8).

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