Bluefields (Port)
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Planned Nicaragua Canal could change global trade
A Hong Kong-based company is working out the route for a canal across Nicaragua that would rival the Panama Canal, bolster world trade, and might create a strategic headache for the United States. Company officials say it may be some time next year before they finish preliminary engineering and environmental studies. The canal has been proposed many times before, but some experts say this time it actually may get built. A $5-billion expansion of the Panama Canal, currently under way, means ships there will be able to increase their loads from 5,000 containers to 13,000 containers. McFadden said the Nicaraguan Canal may more than double that, to 30,000 containers, though HKND will not confirm this. So the Nicaragua waterway could accommodate a new generation of ore, gas, and oil carriers that otherwise would have to take a longer route around the southern tip of South America. More at http://insidecostarica.com/2013/08/29/planned-nicaragua-canal-could-change-global-trade/
Missed Nicaraguan naval vessel found, all 27 people on board safe and sound
A Nicaraguan naval vessel that went missing in the Caribbean during Hurricane Rina has been found after two days adrift and all 27 people on board are "safe and sound," officials said Tuesday, cited by AFP. Nicaraguan President Daniel Ortega had ordered the ship to remove people from flood-prone coastal areas but contact was lost on Sunday after the four crew had picked up 23 fishermen. Civil defense chief Lieutenant Colonel Freddy Herrera told AFP that a shrimping boat was trawling when it chanced upon the missing navy boat and notified the authorities, who had been hunting for it for two days. The naval vessel was one of three ships dispatched on Sunday by Ortega to help evacuate indigenous Miskito residents from Sandy Bay, a coastal town north of the provincial capital Bilwi.
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