{"id":638557,"date":"2017-10-09T03:45:26","date_gmt":"2017-10-09T03:45:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/is-the-panama-canal-eating-suezs-lunch\/"},"modified":"2017-10-09T03:45:26","modified_gmt":"2017-10-09T03:45:26","slug":"is-the-panama-canal-eating-suezs-lunch","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/is-the-panama-canal-eating-suezs-lunch\/","title":{"rendered":"Is the Panama Canal eating Suez\u2019s lunch?"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>You want depressing? We give you the Suez Canal\u2019s battle with Panama. <\/strong>The Suez Canal posted <a href=\"https:\/\/enterprise.press\/stories\/2017\/10\/04\/suez-canal-revenues-up-2-2\/\">tepid growth of about 2.2%<\/a> in the first nine months of this year, the latest in a string of figures that have disappointed some analysts since the opening of the \u201cNew\u201d Suez Canal. Breezy throwaway lines about slow growth somehow being linked to a slowdown in global trade post the global financial crisis tell only part of the story, <a href=\"https:\/\/www.wsj.com\/articles\/the-panama-canals-big-bet-is-paying-off-1507464000\">the Wall Street Journal suggests<\/a>, declaring that some \u201c<strong>ocean operators [are] switching sailings from Suez<\/strong> as bigger ships can cross new Panama locks to reach the U.S. East Coast.\u201d <strong>Tonnage at the Panama Canal is up 23% since the start of this year <\/strong>after a nine-year, USD 5.4 bn expansion program that has made it possible for ships 3x larger than before to transit.<\/p>\n<p>From 53k containers a week before the expansion, the Panama Canal handled 58k containers in September, the Journal says, and \u201c<strong>much of the increase was from ship diversions from the Suez in Egypt, where weekly capacity from Asia to the U.S. East Coast fell by nearly 18% in September<\/strong> since the [Panama] locks opened to about 30,400 containers.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You want depressing? We give you the Suez Canal\u2019s battle with Panama. The Suez Canal posted tepid growth of about 2.2% in the first nine months of this year, the latest in a string of figures that have disappointed some analysts since the opening of the \u201cNew\u201d Suez Canal. Breezy throwaway lines about slow growth [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-638557","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"99b23449-f598-47ae-930c-9b0cb5fe0779","order":"0","is_powered_by":true,"section_story_id":"bb07799f-9504-4de7-aa64-31213829e9f9","story_type":"1","photo_url":"","photo_position":"above","related_issue":[638546],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Is the Panama Canal eating Suez\u2019s lunch? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/is-the-panama-canal-eating-suezs-lunch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is the Panama Canal eating Suez\u2019s lunch?\" \/>\n<meta property=\"og:description\" content=\"You want depressing? We give you the Suez Canal\u2019s battle with Panama. The Suez Canal posted tepid growth of about 2.2% in the first nine months of this year, the latest in a string of figures that have disappointed some analysts since the opening of the \u201cNew\u201d Suez Canal. Breezy throwaway lines about slow growth [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/is-the-panama-canal-eating-suezs-lunch\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-09T03:45:26+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/is-the-panama-canal-eating-suezs-lunch\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/is-the-panama-canal-eating-suezs-lunch\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Is the Panama Canal eating Suez\u2019s lunch?\",\"datePublished\":\"2017-10-09T03:45:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/is-the-panama-canal-eating-suezs-lunch\/\"},\"wordCount\":203,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/is-the-panama-canal-eating-suezs-lunch\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/is-the-panama-canal-eating-suezs-lunch\/\",\"name\":\"Is the Panama Canal eating Suez\u2019s lunch? - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-10-09T03:45:26+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/is-the-panama-canal-eating-suezs-lunch\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/is-the-panama-canal-eating-suezs-lunch\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/is-the-panama-canal-eating-suezs-lunch\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Is the Panama Canal eating Suez\u2019s lunch?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Is the Panama Canal eating Suez\u2019s lunch? - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/is-the-panama-canal-eating-suezs-lunch\/","og_locale":"en_US","og_type":"article","og_title":"Is the Panama Canal eating Suez\u2019s lunch?","og_description":"You want depressing? We give you the Suez Canal\u2019s battle with Panama. The Suez Canal posted tepid growth of about 2.2% in the first nine months of this year, the latest in a string of figures that have disappointed some analysts since the opening of the \u201cNew\u201d Suez Canal. 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Shippers are finding that the\u2026","rel":"","context":"In &quot;SHIPPING&quot;","block_context":{"text":"SHIPPING","link":"https:\/\/enterpriseam.com\/egypt\/category\/shipping\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/63.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":664326,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/28\/trumps-demand-that-us-ships-pass-suez-canal-without-charge-sparked-condemnation-across-the-airwaves\/","url_meta":{"origin":638557,"position":2},"title":"Trump\u2019s demand that US ships pass Suez Canal without charge sparked condemnation across the airwaves","author":"enterpriseam admin","date":"28 April 2025","format":false,"excerpt":"The Suez Canal \u201cis a national symbol that is not up for negotiation,\u201d said retired army general and strategic affairs expert Wael Rabie","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1698.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":659216,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/23\/does-the-gaza-ceasefire-mean-the-imminent-return-of-suez-canal-traffic\/","url_meta":{"origin":638557,"position":3},"title":"Does the Gaza ceasefire mean the imminent return of Suez Canal traffic?","author":"enterpriseam admin","date":"23 January 2025","format":false,"excerpt":"Red Sea disruptions cost the public purse USD 7 bn in Suez Canal revenues in 2024","rel":"","context":"In &quot;Logistics&quot;","block_context":{"text":"Logistics","link":"https:\/\/enterpriseam.com\/egypt\/category\/logistics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1533.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":560279,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/a-spot-of-good-marketing\/","url_meta":{"origin":638557,"position":4},"title":"A spot of good marketing","author":"enterpriseam admin","date":"22 February 2021","format":false,"excerpt":"Attracting more shipping traffic to the Suez Canal needs \u201cflexible marketing policies,\u201d President Abdel Fattah El Sisi said yesterday, according to an Ittihadiya statement. 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