The text discusses the importance and history of two key shipping canals: the Suez Canal and the Panama Canal. The construction of both canals was a challenge, but they have become crucial for global trade as they enable faster and cheaper passage between continents. Passage through both canals involves fees, which depend on various factors such as the size of the ship and its cargo. Both canals have a vision to become environmentally friendly by 2030, using alternative energy sources. However, the canals also face challenges, such as drought in the Panama Canal and the threat of alternative routes through the Arctic in the Suez Canal. The key task for shippers remains optimizing transportation costs while considering risks and environmental impacts. The thesis compares the costs of passing through Panama canal versus around the continent, concluding that, despite increased fees, passing through the canals is still more cost-effective.
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