The Panama Canal implemented the third of five draft adjustments, lowering it to 48.5 feet (14.78 meters), as a preventative measure against the drought caused by the El Niño phenomenon.
The country had already implemented the first adjustment on July 3 (49.5 feet) and the second on July 24 (49…
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Panama Canal
US seeks agreement with Panama for free canal passage for warships
Last Wednesday, April 9, US Secretary of Defense Pete Hegseth indicated that the government is seeking to negotiate with Panama to allow its warships to pass through the canal without paying tolls.
During his visit to Panama, the Pentagon…
Panama Canal will contribute with more than $ 4 billion to the country
The Panama Canal plans to collect revenues of 4,215.4 million dollars in fiscal year 2022 and make a contribution of 2,497.2 million dollars to the public coffers of the Central American country, the largest in its history.
This is…