Cheap oil is taking shipping routes back to the 1800s
12:58
On Sun, 06 Mar 2016 09:39:57 -0500,
wrote:
Sometimes longer is cheaper:
http://www.bbc.com/future/story/20160303-cheap-oil-is-taking-shipping-routes-back-to-the-1800s
"I was going to post this myself.
It seems the folks in Panama and Egypt are concerned because they
spent a lot of money upgrading their canals and tolls are dropping."
Seems to be the way things are going.
A few years ago the Port of Halifax was upgraded with the latest giant gantry cranes so they could reach all the way across the beam of 'Post Panamax' ships. Some of the giant ships have unloaded and loaded here but I'm not sure how regularly.
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