You are here

Panama opens expanded canal to supersize ships

Third shipping lane, which cost at least US$5.5b, can cater to Neopanamax freighters

Panama City

PANAMA on Sunday declared its century-old canal open to a new generation of gigantic cargo ships after years of massive expansion works aimed at profiting from burgeoning US-Asia trade.

A giant Chinese-chartered freighter, baptised Cosco Shipping Panama especially for