The Panama Canal Expansion is due to be completed by the end of 2014 / start of 2015. It will massively affect trade between Asia & the US, given the accessibility larger ships will then have directly to US Gulf and East Coast ports. The expansion will allow Post Panamax ships that can carry up to 12,500 TEU (20 foot containers) to transit the Panama Canal, the current limit for Panamax ships is 4,800. This is basically a 160% increase in the capacity of container ships that can transit the Panama Canal. This also applies to bulk ships used to transit ores, grains & coal, as well as to LNG and Oil tankers. It is going to open up significant traffic for East Coast & Gulf ports. In this presentation the impacts of the Panama Canal on the US, its' ports, supply chains are looked at. As well as importantly the impact it could have for investors in various assets.