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Canal Expands Box Traffic.(Panama Canal)
BYLINE: Peter T. Leach
The Panama Canal Authority says its number of container ship transits increased 10 percent in fiscal 2007, while the total capacity of those ships in terms of TEUs went up 4.5 percent.
That''s leading the authority to make infrastructure improvements that will enable it to add two new reservation slots at the beginning of 2008.
Mediterranean Shipping, CMA CGM, Zim Integrated Shipping Services and the Grand Alliance lines have been adding services, said Rodolfo Sabonge, director of corporate planning and marketing at the authority, while the number of transits by Maersk Line - the world''s largest container carrier - decreased …
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