Επιπτώσεις της επέκτασης της διώρυγας του Παναμά στη διεθνή ναυτιλία
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Abstract
The Panama Canal is considered to be of crucial importance in international trade, as it is the point through which shipping routes of the East - West and North - South connect with each other. The Panama Canal expansion project, at an estimated cost of US$5.3 billion, aims to allow larger ships to pass through the canal; so for example, the upper limit for container ships, in terms of TEU capacity, will be raised from 4.800 to 12.600 TEU. The purpose of this study is to reveal the basic consequences of the Panama Canal expansion to international shipping, as well as its impact on carbon dioxide emissions. According to the findings of this study, the Panama Canal expansion will be beneficial to international shipping for numerous reasons. The combination of larger ships and a quicker trip through the canal will create opportunities for reduced shipping costs and lower fares due to the principle of economies of scale. More specifically, containerships of double the maximum currently permissible size will be able to reach their destination up to 4 days quicker, resulting in a potential fuel consumption reduction of up to 12% in some cases. Furthermore, the expansion will have a positive influence on the shipbuilding industry, due to the expected increased supply of Post-Panamax vessels, increase global demand for seaborne trade as a direct result of increased imports and exports between Asia and North/South America, alter directly the existing supply chains, and more importantly that between Asia to US east coast, reduce carbon emissions as larger ships and more efficient ships will no longer have to follow lengthier routes.