How many canals do we need?

Does the world need two canals? or is this purely political? With the recent advance in negotiations between Nicaragua and the Chinese corporation, HK Nicaragua Canal Development Investment Company, who are bidding to build a canal through Nicaragua to link the Caribbean Sea and Pacific Ocean, I am left wondering what will become of the upgraded facilities in Panama if the Nicaraguan project is completed. The Panamanians are rightfully proud of the existing canal, and most that I have spoken with are firmly behind…


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