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Panama Canal expansion to hurt intermodal?
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[quote user="erikem"][quote user="futuremodal"] <P>Here's another article on both the Panama and Nicaraguan plans......</P> <P><A href="http://www.logisticstoday.com/displayStory.asp?nID=8283">http://www.logisticstoday.com/displayStory.asp?nID=8283</A></P> <P>The interesting tidbit here is that the Nicaraguan proposal is not meant as competition for the expanded Panama Canal, but rather a supplemental canal to handle the largest ships (those too large for the new Panama Canal). But 26 hours via a Nicaraguan canal vs 62 hours via Cape Horn? Is that much of a time savings?</P> <P>[/quote]<BR><BR>I think someone slipped a decimal point in calculating how much extra time it to to go around Cape Horn. Off the top of my head (and I might be off by 30% or more), the trip around the Horn involves another 7,000 miles or so of sailing - to do that in 36 hours implies the ship is traveling about 200 knots or so. <BR>[/quote]</P> <P>The way I read it, it would take an extra 36 hours <EM>in addition</EM> to the 26 hours through a Nicaraguan canal for the Cape Horn trip. That makes it 62 hours at 100 knots..........</P> <P>Yeah, it's probably a typo. Not even the FastShip concept can make triple digits!</P>
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