Shipshape
RENOWNED as the world's longest short-cut, the Panama canal is certainly its most important. Some 80 shipping routes, representing nearly 5% of the world's cargo volume, pass through the 50-mile (80km) channel that links the Atlantic and the Pacific, carrying about 14% of America's trade, a third of Chile's and nearly two-thirds of Ecuador's and Peru's.
This article appeared in the Business section of the print edition under the headline “Shipshape”
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