Asian export growth pressures Panama Canal

Newswire

By Robin Emmott PANAMA CITY, Sept 23 (Reuters) - A surge in exports from Asia is putting pressure on the Panama Canal to find ways to move more container ships through the waterway, even before implementing a possible canal expansion slated for 2007. The number of container ships using the canal, mostly sending manufactured goods from Asia to the U.S. Atlantic seaboard, grew by 12 percent in 2002 year-on-year, Deputy Canal Administrator Ricaurte Vasquez said on Tuesday. Container ship ...

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