Advertisement

Panama Canal Expansion Is Finished, But Shipping Challenges Remain

03:41
Download Audio
Resume
Panama Canal Authority crane ship Oceanus, navigates the Cocoli locks during a test of the newly expanded Panama Canal locks on Pacific side, in Cocoli, Panama, Monday, June 20, 2016. (Arnulfo Franco/AP)
Panama Canal Authority crane ship Oceanus, navigates the Cocoli locks during a test of the newly expanded Panama Canal locks on Pacific side, in Cocoli, Panama, Monday, June 20, 2016. (Arnulfo Franco/AP)

The newly expanded Panama Canal is opening this weekend. The project cost more than $5 billion. One goal is to allow bigger ships to travel between the U.S. and Asia more quickly. However, the busiest ports on the East Coast, New York and New Jersey, are not ready for the arrival of supersized container ships because of construction delays.

Here & Now's Jeremy Hobson talks with the Wall Street Journal's Jason Bellini about what this means for the shipping industry, and other hiccups involving the Panama Canal expansion.

Guest

Jason Bellini, reporter for the Wall Street Journal. He tweets @jasonbellini.

This segment aired on June 23, 2016.

Advertisement

More from Here & Now

Listen Live
Close