The Panama Canal is a key conduit for international maritime trade. Situated on the isthmus connecting North and South America, the canal was built from 1904 to 1914. It is a 82-kilometre (51 mile) ship canal in Panama joining the Atlantic Ocean and the Pacific Ocean. It has been named one of the seven modern wonders of the world by the American Society of Civil Engineers.
Since being built, the Panama Canal has seen annual traffic rise from about 1,000 ships early on to 14,702 vessels in 2008. In total, over 815,000 vessels have passed through the canal. Garry Higdem addresses the programme elements of the expansion programme, as well as looking at the drivers behind the decision to expand.
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Vernon Harcourt Lecture 2012 ‘The Panama Canal: A Wider Path – A Broader Future’
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