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The Panama Canal, one of the most important chokepoints in global trade, has caused many environmental and ecological problems since it was built and expanded. These problems include deforestation, the spread of invasive species, water and air pollution, and water shortage. Deforestation in the Panama Canal watershed has been a problem for decades.
The Panama Canal cost the United States about $375 million, including $10 million paid to Panama and $40 million paid to the French company. Although it was the most expensive construction project in US history to that time, it cost about $23 million less than the 1907 estimate despite landslides and an increase in the canal's width.
In 2007, Panama began work on the canal’s largest expansion in nearly a century, a new set of locks that would allow larger ships – more than one and a half times the size the ships that ...
Gatun Lake (Spanish: Lago Gatún) is a freshwater artificial lake to the south of Colón, Panama. At approximately 26 m (85 ft) above sea level, it forms a major part of the Panama Canal, carrying ships 33 km (21 mi) of their transit across the Isthmus of Panama. It was created June 27, 1913 when the gates of the spillway at Gatun Dam were ...
A ship is guided through the Panama Canal's Miraflores locks near Panama City on April 24, 2023. (Luis Acosta/AFP/Getty Images)
Administration of the canal has been more efficient under Panama than during the U.S. era, with traffic increasing 17% between fiscal years 1999 and 2004. Panama's voters approved a 2006 referendum authorizing a major expansion of the canal to accommodate larger modern cargo ships. The expansion took until 2016 and cost more than $5.2 billion.
There are two main options for boat tours, with one offering trips down the canal’s path that depart from Panama City on the Pacific side or Colon on the Atlantic, and the other visiting Gatún ...
Administration of the canal has been more efficient under Panama than during the U.S. era, with traffic increasing 17% between fiscal years 1999 and 2004. Panama's voters approved a 2006 referendum authorizing a major expansion of the canal to accommodate larger modern cargo ships. The expansion took until 2016 and cost more than $5.2 billion.