The remainder of the paper is organised as follows. Section 2
contains a review of the literature related to canals and scenario
planning. In Section 3, drivers and key assumptions are discussed.
In Section 4, three scenarios are constructed by considering the
interactions between each pair of the three drivers. In addition,
the possible roles of the new interoceanic canal are formulated.
Moreover, the interactions of the new canal with the neighbouring
Panama Canal are discussed. Section 5 presents the implications of
the study and a summary of the analysed scenarios and corresponding
strategies. The conclusion includes a brief outline of possible
directions for future research.