Ascent Global Logistics Blog

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The Panama Canal vs. The Suez Canal

Posted by Ascent Global Logistics on Jan 16, 2017 4:17:55 PM

The Panama Canal and Suez Canal are longtime rivals within the container shipping industry as both canals support the flow of global trade by shortening historical trade routes. Container ships have continued to grow in size and the canals noticed the need for expansion projects in order to keep pace with the industry. Below we compare the two canals' history, expansion projects, individual market share and future. 

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Topics: Panama Canal, Suez Canal