Panama expansion boosts US mineral port

By Wayne Yamada
Published: Thursday, 30 June 2016

Florida’s dry bulk port at Manatee is likely to benefit from expanded canal links to Asia. The BDI meanwhile was stronger this week but shipbrokers have expressed concerns over the effect the UK's Brexit vote might have on shipping.

Panama Canal_Karen Sheets de Gracia_via Flickr  
Expansion of the Panama Canal took nine years, cost $5.25bn and is likely to increase trade between Asia and the US. (Image source: Karen Sheets de Gracia via Flicker)

Port Manatee in Florida, US is likely to benefit from the expanded Panama Canal, which will facilitate additional trade...

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