The Panama Canal is one of the biggest construction project the world has seen.
Now the waterway is undergoing a multi-billion dollar expansion project which is expected to double the canal's capacity and boost the bottom-line.
It was a multi-billion dollar project with a bold aim: to double the capacity of the Panama Canal. But there’s a big snag.
German authorities have approved hundreds of megawatts in additional capacity at onshore wind farms. The price at which it awarded the projects was below expectations, pointing to stronger competition.
A Chinese mega container ship has inaugurated a decade-long expansion of the Panama Canal. Panama hopes the expansion will lead to a boost in container traffic through the Atlantic-Pacific shortcut.
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