Current Events > Economics

Cost of transiting the Panama Canal vs. going the long way

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DLR Pyro:
Chief Makoi has another interesting video out.  This time he compares the cost of cargo ships going thru the Panama Canal vs going around the tip if South America...

https://www.youtube.com/watch?v=_FxBBE8DfJI


He previously did one where he broke down the cost of transiting the Suez Canal vs going around the tip of Africa

https://www.youtube.com/watch?v=0iwOZOb90fM

thundley4:
We can thank Jimmy Carter, a Democrat, for China having control of the canal.

DLR Pyro:
Chief Makoi's latest video explains why it doesn't make economic sense in most cases for ships stuck off california's coast to divert to Florida to unload their cargo.
https://www.youtube.com/watch?v=Aajer7KjVq4

Texacon:
You would think the ships would break up and hit ports from Alaska to southern Mexico to unload and let the trucking companies take it from there.

Not my specialty though.

KC

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