Tag: Cosco Shipping Panama

• Monday, June 27th 2016 - 06:53 UTC

  Panama opens long-delayed US$ 4.5bn canal expansion: massive litigations looming

  

  Panama opened the long-delayed US$5.4 billion expansion of its shipping canal amid cheering crowds on Sunday, despite looming economic uncertainty in the shipping industry and a heated battle over billions in cost overruns.