Panama: Largest Shipping Fleet in the World

Posted on August 5, 2014 • Filed under: Business, Panama reported Panama, a small nation of just three million, has the largest shipping fleet in the world, greater than those of the US and China combined. Aliyya Swaby investigates how this tiny Central American country came to rule the waves. Thanks to its location and slender shape, Panama enjoys a position as the guardian of one of the world’s most important marine trade routes, which connects the Pacific and Atlantic oceans. For a hundred years the Panama Canal has provided a short cut for ships wishing to avoid the more hazardous route via Cape Horn. Read Article

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