It is reported that Mexico is considering an alternative
to the Panama Canal as well. This is a gold mine that others are
looking to take advantage of with the demise of the Panama Canal, said
to be in its last throes due to climate change.
Of course, they
are trying to find solutions to the predicament, but once Nicaragua or
Mexico gets into the competition, it is all over for the Panama Canal
and transit between the Atlantic and Pacific Oceans are out of USA
control.
We all know that new projects have all the built in
obsolescence prevention measures built in as far as possible, and
learning from experience what to avoid like the effects of climate
change.
Nicaragua and Mexico's building of an alternative to the
Panama Canal will elicit fierce opposition and threat from the USA for
sure. There will be all the hubris about environmental issues and even
NGOs working the ground drumming up opposition over the projects and
even sabotage. The USA wants total control of all the choke points and
any project countering that is against their interest. We all already
know that the USA is openly hostile to the Isthmus of Kra project, once
news of its intended revival is revealed. That basically is competing
with its Straits of Malacca choke point control.
Anonymous
1 comment:
Right now, crossing the Panama Canal is resulting in a longer delay due to restrictions over the number of ships passing through and the delay is reported to be costly for shipowners. Some shipowners have even taken the risk of going by alternative routes, also expensive to boot.
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