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Port to Port Transshipment
The Panama Canal Railways ultimate objective is to effectively
convert Panama into a dual-ocean transshipment and
distribution hub with fluid connectivity between the Atlantic and
Pacific ports. Panama is the only place in the world where it is
possible to transship containers in-bond from the Atlantic to the
Pacific in under four hours.
In-bond transshipment
by rail will be most attractive to carriers calling on both coasts.
Another possibility is to carry containers from mainline vessels
calling on the Atlantic coast and connect with feeder ships in Balboa.
It is important
to note that Panamas dual-ocean transshipment concept represents
a new transportation product providing ocean carriers and shippers
with new opportunities and options to expand connecting services,
improve asset utilization, increase vessel routing and re-deployment
possibilities as well as alleviate Canal restrictions related to
draft, line of sight or vessel size. In the future, the PCRC land
bridge transshipment dimension may help attract post Panamax vessels
to Panamas ports and will likely offer a valuable routing
alternative during times of USA port or rail delays.
In essence,
PCRC does not intend to substitute or compete with the Canal, but
instead complement it. PCRC will enable existing ocean carriers
using the Panama Canal to maximize their vessel operations.
The PCRC will
effectively add a critical new dimension to Atlantic and Pacific
transshipment the ability to safely and efficiently move
large volumes of boxes in-bond between the Atlantic and Pacific
to link up with connecting opposite ocean services.
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