Panama Canal Improvements to Bring Cheaper Shipping

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Oct. 1 (Bloomberg) -- Bloomberg's Erik Schatzker discusses today's top story out of Latin America. He speaks on Bloomberg Television's "Market Makers."

Ship gas from the u.s. to asia.

That is the latin america report.

Panama says the project is 2/3 done.

When it is finished, the canal will be able to handle ships that are 1200 feet long and 100 60 feet wide.

They will be able to pass through the canal on the way to asia instead of going around africa.

That cuts the journey to 25 days from 42. a wider canal will lead to fewer ships.

Shipyards are building more at the same time.

That is the latin america report.

Approaching 26 past the hour.

It is time for bloomberg to go

This text has been automatically generated. It may not be 100% accurate.

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