Panama Canal Celebrates 95 Years

Monday, August 17, 2009

On August 15, the Panama Canal celebrated 95 years of service as an engine of global trade and national growth. Since the steamship Ancón’s inaugural Canal passage August 15, 1914, the waterway has offered safe, reliable and efficient service to more than 983,000 transits. The Canal will reach the significant mark of one million transits next year.

On this anniversary, the Canal finds itself engaged in the largest project since its inauguration, the Expansion Program, which broke ground September 2007. The expansion of the Canal will permit the transit of larger ships carrying more cargo, which will affect economies of scale and increase the usage of the Panamanian waterway. Additionally, just like the construction of the Canal, expansion will contribute to technological advancement in the diverse fields of engineering and construction, among others.

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

News

New Company Takes Over OW Tanker

OW Tanker, a unit of bankrupt OW Bunker and owner of its marine fuel supply ships, has been taken over by a newly-created company, the fleet manager told Reuters on Wednesday.

Diana Extends Containership Time Charters

Diana Containerships Inc. announced direct continuation of time charter agreements for m/v Cap Domingo and m/v Cap Doukato   Diana Containerships Inc., a global

MSC Approves SOLAS Amendments

SOLAS amendments to make IGF Code mandatory approved by Maritime Safety Committee   The International Maritime Organization’s (IMO) Maritime Safety Committee (MSC),

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Pipelines Port Authority Ship Electronics Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1450 sec (7 req/sec)