Chinese Company Attempts To Build Panama Canal Alternative08:39
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Photo of Panama Canal Gatun Locks. (Wikimedia Commons)
Photo of Panama Canal Gatun Locks. (Wikimedia Commons)

If you want to get from the Pacific Ocean to the Atlantic Ocean by ship, you don't have a lot of options.

You can go around the Cape Horn, the southern point of South America, which will take you a long time. Or you can go through the Panama Canal, which is a lot quicker if you're going from, say, Shanghai to New York.

Because of all the traffic going through that 110-foot wide canal, they are expanding it to double the capacity and allow larger ships through.

Meanwhile, Nicaragua wants to build its own canal. The government recently awarded a Chinese company a contract to do just that.

Guest

This segment aired on July 22, 2013.

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