I just watched an interesting YouTube video on the Panama Canal: http://www.youtube.com/watch?v=-6Z4OnLCYIM
One can’t help but wonder after watching the latest update from the Panama Canal Commission, how anyone could seriously believe either the Northern Sea Route or the Northwest Passage are competition for either the Panama Canal or the Suez. Where tens of thousands of vessels pass through each of the great canals annually, the number that would ever hope to pass along the NSR or the NWP would be measured in hundreds at the most.