The Panama Canal, a 51-mile maritime shortcut linking the Atlantic and Pacific Oceans, is a crucial artery of global trade and a longstanding focal point of international geopolitics. Since its ...
President Trump says the canal authority is overcharging. Recent increases are attributed in part to drought, maintenance investments and demand. By Peter Eavis The cost of using the Panama Canal ...
The construction also cost Panama decades of sovereignty. As Panamanian historian Marixa Lasso described in her book “Erased,” the canal was not built upon cleared virgin, uninhabited forest ...
And that's intolerable." The Panama Canal serves as a shortcut between the Pacific Ocean and the Atlantic Ocean. And although the U.S. led the construction of the major waterway that around 40% of ...
WASHINGTON/PANAMA CITY, Feb 5 (Reuters) - The Panama Canal Authority on Wednesday denied the U.S. State Department's claim that U.S. government vessels would be able to cross the canal without ...
Panama Ports Company -- a CK Hutchison Holdings subsidiary -- currently manages the ports of Cristobal on the canal's Atlantic side and Balboa on the Pacific side. On his first trip overseas as ...
The canal’s two biggest ports are operated by a Hong Kong company with global reach. The Trump administration sees a Chinese threat to U.S. security. By Alexandra Stevenson and Keith Bradsher ...
The Panama Canal Authority late Wednesday denied the State Department’s claim that it had agreed to a deal to allow U.S. vessels to pass through the canal without paying any toll or fees ...
Panamanian President José Raúl Mulino on Thursday rejected U.S. claims that American warships and boats can transit the Panama Canal without paying a standard fee. In a weekly news conference ...
The construction industry in Panama is estimated to have recorded growth of 6.9% in 2024, proceeding bourgeoning by 18.8% in 2023. Slowdown is attributed to reduced trade activity caused by the ...
US Secretary of State Marco Rubio has walked back the State Department’s assertion that Panama “has agreed to no longer charge fees” to US government vessels transiting the Panama Canal ...