Panama Canal

Calculating the Impact of The Panama Canal Expansion

Submitted by John Beasley…
It is counter intuitive to think the new expanded Panama Canal would be a game changer for U.S. port operations on the East Coast of the U.S.A., but that is how it is being sold. The increased “economies of scale” afforded by the Panama Canal expansion will allow about 1,900 ships to deliver the same number of containers through the canal that used to require about 4,200 ships to deliver. That is a great deal of savings in crew costs, bunkers fuel, and ship maintenance costs.