(EnergyAsia, May 24 2010, Monday) — China’s trade with the Americas will be boosted by the US$5.25 billion project to widen and deepen the Panama Canal which will significantly reduce travelling time and transportation costs. The shipment costs of finished goods from China to the US east coast will be cut by an estimated 30%…
CHINA: Panama Canal widening to expand trade with Americas, reduce shipping costs
Posted on May 23, 2010 by EnergyAsia