Panama Canal to Build Two Ports by 2029, Boosting Capacity
The Panama Canal plans to build two ports for $2.6 billion by 2029 amid uncertainty over the future of Hong Kong–based concessionaire Hutchison Holdings, the canal authority said Monday. The plan calls for the construction and concession of two terminals—Corozal on the Pacific and Telfers on the Atlantic—to increase container-handling capacity from 9.5 million TEUs …
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