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Panama Canal expansion celebrates 5 years of greater competitiveness

RIO DE JANEIRO, BRAZIL - The expansion of the Panama Canal celebrated five years of operations this Saturday, since the new locks that allow the passage of larger ships were inaugurated in 2016, the interoceanic waterway reported.

The expansion strengthened "the competitiveness of the service offered by the Panama Canal," brought "economies of scale," and attracted new markets such as liquefied natural gas ships, the waterway explained in a statement.

"In these five years, we went from the learning stage to reach the consolidation phase of an efficient and safe service to our customers, while increasing our direct contributions to the . . .

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