NZ: Expanded Panama Canal an expected boon to exporters
date:Jun 27, 2016
en added, allowing ships carrying 13,000 containers to go through, compared to vessels with a 5000 container capacity.

The nine-year project took 30,000 workers and incurred a bill of $7.4 billion.
It will be formally opened on Sunday, when a 94,000 tonne Chinese-owned ship, the COSCO Shipping Panama, will travel through the expanded waterway.

Projects like this matter to New Zealand, which sends over $40bn worth of commodities overseas each year, 97 percent by ship.

At present, some New Zeal
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