More than half the $5.25 billion budgeted for the expansion of the Panama Canal -- $3.35 billion -- will be spent on new single-lane, three-step locks at the Atlantic and Pacific entrances, as ...

Panama Canal net revenues grew 13% year-over-year in the second quarter of 2025, equivalent to $219 million, reflecting the ...

Panama and the U.S. signed a new security pact on the canal, boosting defense ties as tensions with China over Latin American influence continue to rise.

A cargo ship traverses the Agua Clara Locks of the Panama Canal in Colon, Panama, Sept. 2, 2024. (Matias Delacroix / AP) ...

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 ...

The canal authority had contemplated that option for decades, especially as the population of the Panama City metro area swelled to 2.5 million, increasing demand for drinking water.

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.

More than 2,000 people could be displaced by the construction of the Río Indio dam. The Panama Canal Authority says the dam solves a long-term water shortage problem.

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.

What is the canal? It is a man-made waterway that uses a series of locks and reservoirs over 51 miles to cut through the middle of Panama and connect the Atlantic and Pacific.

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.