Thursday, May 05, 2011

Canal Istanbul detailed

"Canal Istanbul detailed

News - May 6, 2011

Istanbul Mayor Kadir Topbas said the new shipping canal proposed by Turkey would handle 150-160 ships per day, IHS World Markets Energy reported.

The waterway, proposed as an alternate to the cramped Bosporus, would take eight years to build for an estimated US$10 billion, Topbas added."

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