# Mega-canals could slice through continents for giant ships | New Scientist

> Nicaragua's Supreme Court dismissed the last environmental challenge, clearing the $50 billion Interoceanic Grand Canal project to proceed. The article also notes plans for two further mega-canals in Asia and questions about ecological impacts of linking oceans.

- Date: 2017-04-11 · published 2017-04-11T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/71405-mega-canals-could-slice-through-continents-for-giant-ships-new-scientist
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

The project is a long-term development with no near-term effect on grain freight rates or supply, so it has little immediate price implication for feed markets.

## Sources

- newscientist.com: https://www.newscientist.com/article/2127200-megacanals-could-slice-through-continents-for-giant-ships/

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