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Huge canal schemes may be missing trade boat: analysts

Shift towards Asia seen lessening importance of Suez, Panama passages

Increasing traffic flow: Egypt's president has launched plans for a second Suez canal built parallel to the existing one. - PHOTO: REUTERS

[LONDON] Vast projects to expand the Suez and Panama canals are being talked up as the biggest upheaval for decades in global maritime traffic, but experts say they could be outflanked by a trade shift towards Asia. In recent years, freight traffic travelling from Asia to the east coast of the