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Panama Canal Ventures into Ports Business

Panama Canal Authority plans $8.5 billion investment including two LPG terminals to reduce canal reliance amid US-China rivalry and rising Asian demand, officials said.

Summary by Devdiscourse
Panama Canal Ventures into Ports Business The Panama Canal is set to expand its maritime operations by entering the ports business, according to a Bloomberg report.Officials are preparing a tender for two new terminals, marking a significant strategic shift for the Canal's operations.This development is part of efforts to bolster the Canal's influence and capabilities in global shipping.

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Bloomberg broke the news in United States on Tuesday, August 12, 2025.
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