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More than half the $5.25 billion budgeted for the expansion of the Panama Canal -- $3.35 billion -- will be spent on new single-lane, three-step locks at the Atlantic and Pacific entrances ...
In the first five months of 2025, crossings via the canal jumped 10 percent annually as geopolitical tensions continue to surround the trade artery.
The Panama Canal, once an engineering marvel that revolutionized global trade, is now facing an unprecedented crisis. Due to ...
“55% of trade goes through the Panama Canal go through the Third Set of Locks, especially LNG and energy ... the ACP Board of Directors recently approved a new bidding process for a new gas ...
The Panama Canal ... the canal has a system of locks to raise and lower ships and releases millions of liters of fresh water for each vessel that passes. The planned new reservoir covering around ...
In the case of Panama, the canal is not wide or deep enough to take the new giant container ships that currently have ... despite plans to build a reservoir that would keep the locks topped up. As for ...