The Panama Canal opens to traffic with the transit of the cargo ship SS Ancon.
The Panama Canal is a significant artificial waterway in Panama that connects the Atlantic and Pacific Oceans. It is one of the most important and strategic maritime routes in the world, drastically shortening the travel distance for ships that would otherwise have to navigate around the southern tip of South America, Cape Horn.
Location: Panama, Central America.
Length: Approximately 50 miles (80 kilometers).
Opened: August 15, 1914.
Purpose: To allow ships to pass between the Atlantic and Pacific Oceans without the lengthy and dangerous voyage around South America’s Cape Horn.
Construction: It took over 10 years to build, and the construction was one of the largest and most challenging engineering projects of its time. The United States oversaw the final construction phase after a failed attempt by the French.
Locks System: The canal uses a series of locks to raise and lower ships over the Isthmus of Panama. These locks are filled with water, which lifts the ships up to the level of Gatun Lake and then lowers them back down to sea level on the other side.
Economic Importance: The canal is a crucial route for international maritime trade. It significantly reduces travel time for shipping, which has major economic benefits. It handles a significant portion of the world’s shipping traffic.
Expansion: The canal was expanded with a new set of locks, known as the Panama Canal Expansion or the Third Set of Locks project, which opened in 2016. This expansion allows for the passage of larger ships, known as “New Panamax” or “Neo-Panamax” vessels.