Marketing material seen by CM shows that reports that a Chinese company is planning to build a 300m teu capacity terminal in Panama are untrue.
Rumours of a 300m teu capacity terminal stem from the Chinese government’s newspaper People’s Daily which made the claims, which were initially repeated widely, on May 25.
In fact, while the Chinese Landbridge group will build a new terminal in Colon, on the Caribbean side of the Panama canal, it will have a capacity of just 2.5m teu.
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