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  • Panama – The Canal unleashes its new locks - Updated Fri March 1, 2013

    • The new set of locks should be completed by 2015, and is a USD 5.25bn infrastructure project • The third set of locks will accommodate post-Panamax tankers, ships that can hold up to 13,000 TEU • Shipping companies, ports in North and South Amer...

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Global Focus - The world in transition

The world economy is in transition. Global growth rates are picking up, but transition means elevated risks and volatility. In terms of global implications, all eyes will be on the US and China, with the US normalising monetary policy and China rebalancing its economy.