Panama Canal
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 THE STORY of PANAMA and the CANAL Instructor Literature Series 1913 $3.99 Time Remaining: 5d 3h 53m Buy It Now for only: $3.99 |
 1912 PANAMA CANAL RECORD news Feb 28 Vol V No 27 Isthmian Canal Commission $9.99 Time Remaining: 8h 48m |
 PANAMA AND THE CANAL in pictures and prose by WILLIS J ABBOT COPYRIGHT 1913 $14.96 Time Remaining: 8d 19h 26m Buy It Now for only: $14.96 |
 Very Rare Amazing Book Hand Sketches of the Panama Canal $145.00 Time Remaining: 24d 19h 56m Buy It Now for only: $145.00 |
 1913 Picturesque Panama and the Great Canal Avery Ralph Emmett 1st Ed $24.99 Time Remaining: 22d 17h 10m Buy It Now for only: $24.99 |
 1884 Panama Canal Construction Early French Plan Mag $19.95 Time Remaining: 18d 17h 54m Buy It Now for only: $19.95 |
 THE STORY OF THE PANAMA CANAL by Logan Marshall 1913 $19.99 Time Remaining: 16d 16h 5m Buy It Now for only: $19.99 |
 1913 FIRST FLIGHT OVER PANAMA CANAL BY ROBERT FOWLER $36.00 Time Remaining: 25d 14h 25m Buy It Now for only: $36.00 |
 Who Built The Panama Canal by W Leon Pepperman c1915 Canal Zone Engineering $6.00 (1 Bid) Time Remaining: 5d 20h 47m |
 The Story of The Panama Canal with Official Illustrations 1913 Logan Marshall $24.95 Time Remaining: 28d 18h 26m Buy It Now for only: $24.95 |
 The Panama Canal By Bob Considine Great Book $3.11 Time Remaining: 13d 12h 13m Buy It Now for only: $3.11 |
 Story of the Panama Canal Great Read LK $3.74 Time Remaining: 19d 1h 6m Buy It Now for only: $3.74 |
 Vintage Book Panama and the Canal by Willis J Abbot 1913 $45.00 Time Remaining: 17d 21h 37m Buy It Now for only: $45.00 |
 1913 Book PANAMA AND THE CANAL IN PICTURE AND PROSE By Willis J Abbot VGC $29.99 Time Remaining: 3d 23h 21m Buy It Now for only: $29.99 |
 THE PANAMA CANAL ILLUSTRATED HISTORY PHOTOGRAPHS WILLIS J ABBOT 1922 BOOK $9.99 Time Remaining: 23h 35m Buy It Now for only: $9.99 |
 Picturesque Panama and the Worlds Greatest Canal Souvenir Ed Ralph Avery 1913 $27.99 Time Remaining: 11h 6m Buy It Now for only: $34.99 |
 1904 Makers Panama Canal Walker Davis Parsons Burr $17.97 Time Remaining: 28d 14h 27m Buy It Now for only: $17.97 |
 1906 Panama Canal Zone Colon Culebre Panama Railroad $15.97 Time Remaining: 10d 20h 40m Buy It Now for only: $15.97 |
 THE STORY OF THE PANAMA CANAL Stein 1982 1st 5E $5.00 Time Remaining: 20d 18h 17m Buy It Now for only: $5.00 |
 Panama Passage by Donald Barr Chidsey 1946 HC DJ BCE Panama Canal $7.99 Time Remaining: 3d 17h 31m Buy It Now for only: $7.99 |
 The PANAMA CANAL1914Frederic J HoskinIllustHallen $12.00 Time Remaining: 22d 9h 59m Buy It Now for only: $12.00 |
 The Path Between the Seas The Creation of The Panama Canal 1870 1914 $9.99 Time Remaining: 5d 11h 6m Buy It Now for only: $9.99 |
 OLD 1910 Maps Chicago NYC San Francisco More Cities 100 years ago Panama Canal $49.99 Time Remaining: 19h 27m |
 1914 Panama And The Canal In Picture And Prose Willis J Abbot Super Rare $1,200.00 Time Remaining: 19d 22h 42m Buy It Now for only: $1,200.00 |
 THE PANAMA GATEWAY Joseph Bishop First Edition 1913 HC Canal Illustrated Map $29.99 Time Remaining: 2d 12h 50m Buy It Now for only: $29.99 |
 Story of Mexico Conquest Panama Canal Salesman Sample prospectus book 1913 14 $25.46 Time Remaining: 17d 12h 56m Buy It Now for only: $25.46 |
 The Panama Canal by Frederic J Haskin HC 1913 $18.11 Time Remaining: 24d 14h 25m Buy It Now for only: $18.11 |
 1906 PANAMA PATAGONIA Isthmian Canal South America Charles PEPPER FIRST EDITION $71.10 Time Remaining: 6d 9h 33m Buy It Now for only: $71.10 |
 Bob Considine THE PANAMA CANAL Landmark 18 $16.95 Time Remaining: 13d 18h 24m Buy It Now for only: $16.95 |
 1914 Some Interesting Facts PANAMA CANAL Bank Of PINEHURST GEORGIA Illustrated $5.00 Time Remaining: 20h 53m |
 The Panama Canal Frederic J Haskin 1913 photos Ernest Hallen 1st Edition book $45.50 Time Remaining: 13d 19h 54m Buy It Now for only: $45.50 |
 1913 The PANAMA CANAL FJ Haskin $126.41 Time Remaining: 2d 11h 7m Buy It Now for only: $126.41 |
 Landmark 10 Panama Canal Spencer Press $12.50 Time Remaining: 14d 15m Buy It Now for only: $12.50 |
 The Panama Canal by Frederick J Haskin 1914 $19.95 Time Remaining: 6d 20h 5m Buy It Now for only: $19.95 |
 Landmark 18 Panama Canal Bob Considine DJ $14.50 Time Remaining: 11d 2h 3m Buy It Now for only: $14.50 |
 Landmark 18 Panama Canal Bob Considine DJ Nice $13.50 Time Remaining: 11d 2h 25m Buy It Now for only: $13.50 |
 1913 THE PANAMA CANAL $37.00 Time Remaining: 4d 16h Buy It Now for only: $37.00 |
 PANAMA CANAL COIN TO COMMEMORATE THE TRANSITION $5.50 (2 Bids) Time Remaining: 3d 23h 30m |
 The Panama Canal W Fold Out Map First Edition Frederic Haskin $15.99 Time Remaining: 2d 17h 15m Buy It Now for only: $15.99 |
 Souvenir of the Panama Canal Postcard Photos ca 1915 Scarce $48.97 Time Remaining: 3d 19h 24m Buy It Now for only: $48.97 |
 PANAMA AND THE CANAL Illustd Willis J Abbot 1913 $124.95 Time Remaining: 6d 1h 51m Buy It Now for only: $124.95 |
 1913 The Story of the Panama Canal Logan Marshall Fold Out Map Illustrated $27.49 Time Remaining: 7d 8h 2m Buy It Now for only: $27.49 |
 SOUVENIR OF THE CANAL AND REPUBLIC OF PANAMA $25.00 Time Remaining: 1d 15h 44m Buy It Now for only: $25.00 |
 Picturesque Panama Railroad Canal Jean Heald 1928 $39.92 Time Remaining: 16d 15h 32m Buy It Now for only: $39.92 |
 1908 PANAMA CANAL CONSTRUCTION Annual Report Isthmian Canal Commission maps $99.50 Time Remaining: 2d 19h 31m |
 PANAMA AND THE CANAL Illustd Willis J Abbot 1913 $124.95 Time Remaining: 13d 19h 54m Buy It Now for only: $124.95 |
 The First Book of the Panama Canal1958Patricia MARKUN $5.99 Time Remaining: 16d 23h 40m Buy It Now for only: $5.99 |
 THE PANAMA CANAL by Frederick J Haskin $30.00 Time Remaining: 8d 14h 16m Buy It Now for only: $30.00 |
 1909 Progress on Panama Canal Colon Cristobal Gatun $15.97 Time Remaining: 10d 50m Buy It Now for only: $15.97 |
 Living And Working In The Canal Lane Booklet On Panama Canal Living Working $24.99 Time Remaining: 27d 23h 16m Buy It Now for only: $24.99 |
 PANAMAThe CANALPicture Prose1913Abbot1stEdIllus $49.99 Time Remaining: 23d 9h 14m Buy It Now for only: $49.99 |
 The Panama Canal by Frederick J Haskin 1913 $5.00 Time Remaining: 16h 27m |
 Panama And The Canal In Pictures And Prose 1914 HB $39.95 Time Remaining: 14d 15h 48m Buy It Now for only: $39.95 |
 1903 Panama Canal Culebra Cut Chagres River Colon $17.97 Time Remaining: 10d 20h 30m Buy It Now for only: $17.97 |
 Panama and Canal Willis Abbot photos watercolors 1913 $60.00 Time Remaining: 17d 15h 51m Buy It Now for only: $60.00 |
 Panama And the Canal 600+ Photographs Abbot 1913 $69.00 Time Remaining: 29d 14h 35m Buy It Now for only: $69.00 |
 1909 William H Taft Answer to Panama Canal Critics $25.97 Time Remaining: 9d 21h 17m Buy It Now for only: $25.97 |
 Joseph Pennell Illustrated Pictures of the Panama Canal 1912 $50.00 Time Remaining: 9d 18h 13m Buy It Now for only: $50.00 |
 Panama Canal Construction History The Greatest Engineering Feat in the World $4.99 Time Remaining: 1d 1h 43m Buy It Now for only: $7.70 |
 THE PANAMA CANAL By FREDERIC J HASKIN 1914 $45.00 Time Remaining: 15d 19h 56m Buy It Now for only: $45.00 |
 RARE 1920S PANAMA THE CANAL DARIEN INDIANS ILLUS NR $55.00 Time Remaining: 9d 13h 58m Buy It Now for only: $55.00 |
 VTG 1928 THE PANAMA CANAL PERSONAL REGULATIONS FOR PANAMA CANAL RAILROAD $99.95 Time Remaining: 11h 36m Buy It Now for only: $99.95 |
 THE PANAMA CANAL by Frederick J Haskin 1st Edition $70.00 Time Remaining: 22d 11h 55m Buy It Now for only: $70.00 |
 Goldstein I M Panama Canal and economics $35.00 Time Remaining: 21d 18h 17m Buy It Now for only: $35.00 |
 THE TRUTH ABOUT THE PANAMA CANAL DENISON KITCHEL 1978 $42.00 Time Remaining: 5d 20h 1m Buy It Now for only: $42.00 |
 1906 SOUVENIR OF THE PANAMA REPUBLIC Photo Book Bienkowski Ancon Canal Zone $89.99 Time Remaining: 21h 41m |
 Panama And The Canal Willis Abbott 1914 $60.00 Time Remaining: 3d 16h 55m Buy It Now for only: $60.00 |
 Panama and The Canal in pictures and prose $40.00 Time Remaining: 24d 9h 34m Buy It Now for only: $40.00 |
 1925 CARIBBEAN Panama Canal CUBA Jamaica COSTA RICA $136.00 Time Remaining: 11h 32m Buy It Now for only: $136.00 |
 The Panama Canal WALTER LAFEBER 1978 HC DJ Fine $120.00 Time Remaining: 8d 16h 23m Buy It Now for only: $120.00 |
 Panama Canal Frederic Haskin 1913 $39.99 Time Remaining: 11d 10h 41m Buy It Now for only: $39.99 |
 The Panama Canal by Frederic Haskin $64.95 Time Remaining: 21d 23h 8m Buy It Now for only: $64.95 |
Panama Canal
The Expansion of the Panama Canal
The Panama Canal expansion project had been just a mere idea for decades but it recently became a reality and actually went into effect on September 3rd, 2007. The project began as an idea soon after the original construction of the Panama Canal, but the proposal was officially approved on July 14, 2006. The purpose of expanding the canal is to create a new lane of traffic to allow larger vessels, which means more cargo shipped at one time, and less water use.
What exactly will be done in order to expand the Panama Canal? They will be constructing two new lock complexes, the widening of existing navigational channels, deepening of the navigational channels, as well as, elevation of Gatun lakes maximum operating level.
What is a lock complex? A lock complex can be compared to having two parallel dams that are lifted consecutively in order to control the water levels and keep the water from flowing too fast. If a body of water has different levels of elevation, the wall or lock blocking the water movement is lifted, allowing the ship to move forward where it regains height, and then the second lock opens up to allow the boat to move forward again. This allows the boat to float up or down with the elevation changes. The new locks for the Panama Canal will move vessels from sea level to the level of Gatun lake and back down again. One lock will be placed on the Pacific side, and the other one will be on the side of Gatun lake.
The growing level of goods imported to the U.S. through the Panama Canal sparked the interest in the expansion. Cargo shipments from cargo shipping companies are expected to continue increasing during the upcoming years, quickly creating a much greater demand for traffic in the Panama Canal. It is not that the canal will no longer be useful without the expansion, but it will begin to stagnate due to the demands that will soon exceed the current traffic allowance.
How will the expansion of the Panama Canal help Panama's economy or the economy of the American people? At least half on the money needed for the Panama expansion will need to be borrowed. The government of Panama is willing to borrow such a large amount of money because they expect the profit from this expansion to be phenomenal with a probable twelve percent internal rate of return. In the past, Panama's ex-president Martin Torrijos said that the canal will generate enough profit to transform panama into a first world country.
The expansion project is expected to last until 2014. With the new lane opening up on the Panama Canal, imports and exports from China and the United States is expected to increase. Such an expansion will significantly expand the reach of all global marine highways and will surely affect not only the economies of Panama and the US, but also the global economy.
Tamara
About the Author
Which direction do ships move through the Panama Canal?
Do ships taking the Panama Canal only move from the Atlantic Ocean to the Pacific, or can they go either way?
Ships travel in both directions, but not east/west. Ships travelling from the Pacific to the Atlantic travel mostly in a north by northwesterly direction, while ships travelling from the Atlantic to the Pacific travel south by southeast.
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Future of Panama Canal - and how it works - by Patrick Dixon