As the global shipping industry continues to shift through bankruptcies, mergers and alliances, competition between ports is heating up. Larger ships mean fewer port calls and the completion of the Panama Canal expansion has opened up new opportunities for East Coast ports.
But not all the East Coast ports are prepared to receive these large ships just yet. This could impact shipping companies and whether or not they decide to utilize the Canal for their routes. Expect to see less than full capacity at the Canal as a result - at least in the short term - until infrastructure improvements are complete at these East Coast ports.