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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

News

Saint Lucia Accedes to Four IMO Treaties

Saint Lucia has acceded to four International Maritime Organization (IMO) treaties, including conventions covering ballast water management (BWM Convention) and

Migrant Boat Capsizes, Second in Two Days

A migrant boat capsized in the Mediterranean on Thursday and about 100 of its passengers have been rescued while the number of dead is unknown, officials said.   It

Seacat Services Secures Burbo Bank Charter Deal

DONG Energy has awarded  offshore energy support vessel operator Seacat Services with the supply contract for all crew transfer services at its 258MW Burbo Bank

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Electronics Winch
rss | archive | history | articles | privacy | 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: 0.1477 sec (7 req/sec)