On June 26th the newly expanded Panama Canal finally opens for business. The canal was successfully tested on Thursday. The expansion was orginally planned to cost 5.2 billion dollars, but ended up going about 60 percent over budget
Panama has broken links with Taiwan and established formal relations with China. The communist state is the second-biggest client of the Panama Canal.
Chile's investigations police have declassified a trove of files shedding light on the activities of Nazi agents in the South American country during World War II. One spy ring had plotted to destroy the Panama Canal.
The crisis surrounding the Panama Papers has severely damaged the reputation of the Central American country. Now, the ceremony for the expansion of the Panama Canal is aiming to finally put that crisis to rest.
Hapag-Lloyd has invested in a new fleet of container ships to service the route between Europe and South America. The ships can pass through the newly widened Panama canal and can carry up to 13,000 shipping containers.
© 2017 Deutsche Welle |
Legal notice |
| Mobile version