A community portal about The Panama Canal with blogs, videos, and photos. According to Wikipedia.org: The Panama Canal is a major ship canal that traverses the Isthmus of Panama in Central America, connecting the Atlantic and Pacific...
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A community portal about The Panama Canal with blogs, videos, and photos. According to Wikipedia.org: The Panama Canal is a major ship canal that traverses the Isthmus of Panama in Central America, connecting the Atlantic and Pacific Oceans. Construction of the canal was one of the largest and most difficult engineering projects ever undertaken. It has had an enormous impact on shipping between the Pacific and Atlantic oceans, obviating the long and treacherous route via the Drake Passage and Cape Horn at the southernmost tip of South America. A ship sailing from New York to San Francisco via the canal travels 9,500 kilometres, well under half the distance of the previous 22,500 kilometre route around Cape Horn. Although the concept of a canal in Panama dates back to the early 16th century, the first attempt to construct a canal began in 1880 under French leadership. After this attempt collapsed, the work was finally completed by the United States, and the canal opened in 1914.The building of the 77 kilometre canal was plagued by problems, including disease and landslides. As many as 27,500 workers are estimated to have died during construction of the canal.
Canal gets full upgrade
In addition to the vast budget already earmarked for the expansion of the Panama Canal specifically for the post-Panamax ships to be able to transverse the canal, a number of additional projects have been undertaken in modernizing and upgrading the canal as a whole. The most recent modernization projects at the Panama Canal, estimated to be valued at no less than $320 million, include the acquisition of an additional five tugboats, improvements to the turntable and... Read Full Story
Living Panama
The government of Panama has, within recent years, increased the incentives for investors and businesses to establish a base and or investments within the country. They have done this as part of their economic policy on growth and development of this centralized trade region of the Americas.
Subsequently the growth of the country has reflected these proactive implementations and a large number of capital and regional projects are underway, as well as forecasted to begin in... Read Full Story
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Rare Fossils Found in Panama
ScienceDaily Rushing to salvage fossils from the Panama Canal earthworks, Aldo Rincon, paleontology intern at the Smithsonian Tropical Research Institute , unearthed a set of fossil teeth. Bruce J. MacFadden, curator of vertebrate paleontology at the Florida Museum of Natural History, University of Florida in Gainesville... Read Full Story
Photo courtesy Panama Canal Authority Peter T. Leach May 1, 2009 1:09PM GMT The Journal of Commerce Online - News Story Increases take effect May 1 but concessions to mitigate economic crisis In a concession to financially pressed shipping lines, the Panama Canal Authority will cut back some tolls and fees while giving carriers greater flexibility in reserving movements through the canal. But the canal authority also left in place new toll increases going into effect May 1, rejecting calls... Read Full Story
By Peter T. Leach for The Journal of Commerce Online - In a concession to financially pressed shipping lines, the Panama Canal Authority will cut back some tolls and fees while giving carriers greater flexibility in reserving movements through the canal. But the canal authority also left in place new toll increases going into effect May 1, rejecting calls to put off the increases. The new fee structure starting June 1 will temporarily reduce tolls on largely empty containerships and charges... Read Full Story
COLON, Panama, ( AFP ) A Russian warship was moving early Saturday through the Panama Canal for the first time since World War II, after participating in maneuvers with the Venezuelan fleet symbolizing Moscow's growing military presence in the region. An official with the Panama Canal Authority said the destroyer "Admiral Chabanenko" reached the Caribbean port city of Colon late Friday, after taking part earlier this week in the joint naval maneuvers that posed a symbolic challenge to US... Read Full Story
By By Jessica Schneider for Monsters and Critics.com - A groundbreaking history of the Panama Canal offers a revelatory workers-eye view of the momentous undertaking and shows how it launched the American century. The Panama Canal has long been celebrated as a triumph of American engineering and technology. In The Canal Builders, Julie Greene reveals that this emphasis obscures a far more remarkable element of the canal's construction and the tens of thousands of workingmen and women who... Read Full Story
http://www.thelog.com/news/logNewsArticle.aspx?x=9444 By: Capt. Pat Rains Friday, May 15, 2009 2:02:00 PM PANAMA — As the Panama Canal expansion project gains speed, the historic dredge vessel Mindi is proving costly to replace. The Authority of the Canal of Panama (ACP) announced last week that it had awarded a $95.92 million contract to a Dutch company, IHC Beaver Dredgers B.V., to build a new dredge vessel to replace the elderly Mindi. “Everyone waves to Mindi in passing,” said Pete... Read Full Story
Foxnews.com - PANAMA CITY, Panama Russia said Wednesday it is sending a warship through the Panama Canal for the first time since World War II, a short journey loaded with symbolic weight: the destroyer will dock at a former U.S. naval base, showcasing Russia's growing influence in the region. Russia appears to be relishing the idea of stopping at what was long a symbol of U.S. global power; the Russian Navy announced it would visit "the Rodman naval base" a name that the host nation... Read Full Story
By Richard High for khl.com The US$ 5.25 billion expansion of the 77 km-long Panama Canal, is the largest infrastructure project currently underway in Latin America (see www.khl.com/features for more information on this project). The Panama Canal Authority (ACP) has awarded Costa Rica's Constructora MECO the third of four dry excavation contracts to help create an access channel linking the new Pacific locks with the Canal's existing Gaillard Cut (the narrowest stretch of the Panama Canal... Read Full Story