Project Seems Preposterous, but Nicaragua Government, Chinese Company Say Effort will Kick-Off in Early 2016
SCDigest Editorial Staff
While most of the buzz these past few years has been about the logistics impact of an expanded Panama Canal that will be able to handle larger ships when the project is finally finished sometime in 2016, a plan for a competing canal in Nicaragua, which at many levels seems an impossibility, may actually just happen. The Nicaragua Interoceanic Grand Canal project would create a waterway some 276 kilometers long, including the use of Lake Nicaragua for a good portion of the passage. It would have even wider lanes than the expanded Panama Canal, allowing even larger megaships to use its service, though whether this makes any sense give US port dynamics is questionable.
Will Brito Beach in Tola, Rivas, change from this:
We’ll just have to see about that, won’t we? In the meantime, I really like this opinion piece from Supply Chain Digest because it speaks to the needs of global commerce and the reality that these super-large ships are in the ocean now, and that even the expanded Panama Canal can’t handle them. The piece details that it will save weeks of time and lots of money for these mega-ships to go through a Nicaraguan Canal.
Here’s the money quote from the piece:
So is this a real project that will come up with the massive funding required to get it off the ground, or some half-baked notion that in the end will fall of it own weight? We should know sometime in early 2016, if the Chinese and the Nicaraguans really start moving dirt or not.