# New boxship alliances expected to benefit Panama Canal but risks

> The Panama Canal Authority CEO Jorge Quijano said new container alliances (2M, Ocean Alliance, THE Alliance) started operating in April 2017 and could either raise or cut canal transits depending on how vessel sharing evolves. He noted the canal may lose three to four transits converted into one, and that a planned 2018 merger of three Japanese lines could benefit or hurt the canal depending on vessel size.

- Date: 2017-05-03 · published 2017-05-03T12:00:00.000Z
- Category: logistics · region Panama · magnitude low
- Page: https://feedsoft.ai/events/70899-new-boxship-alliances-expected-to-benefit-panama-canal-but-risks
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Shipping consolidation affects container capacity and freight costs for exporters using the canal, including US grain and feed ingredient shipments to Asia, which could lift logistics costs over time.

## Read by commodity

- OCEANFRT: neutral

## Sources

- seatrade-maritime.com: https://www.seatrade-maritime.com/containers/new-boxship-alliances-expected-to-benefit-panama-canal-but-risks-remain

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.