A cargo ship sails through the Panama Canal, in Panama City, June 13, 2024. (AP Photo/Matias Delacroix, File) U.S. Secretary ...

Shipping prices have increased because of droughts last year affecting the canal locks, forcing Panama to drastically cut shipping traffic through the canal and raise rates to use it. Though the ...

BlackRock, America’s largest asset manager which handles over $11 trillion in assets, has agreed to purchase two ports on ...

“We didn’t give the canal to the Chinese. We gave it to Panama,” Rubio declared after he toured one section of the locks, or the multiple complex of “water elevators” that flow ships up ...

A cargo ship in one of the locks of the Panama Canal. (Arnulfo Franco/AFP/Getty Images) In his speech, Trump said the U.S. will attempt to reassert control over the Panama Canal, claiming that ...

The Panama Canal Authority ... some 1,920 ports worldwide. The canal, used mainly by customers from the United States, China, and Japan, has a system of locks to raise and lower ships.

(CNN) — Panama denied a claim made by the State ... posted on X alongside an image of a naval vessel entering the canal’s locks. Over the past 26 years the US has paid a total of $25.4 million ...

It’s “basically a water elevator,” said Ilya Espino de Marotta, deputy administrator of the Panama Canal Authority. A system of interconnecting locks raises ships around 26 meters (85 feet ...

It’s “basically a water elevator,” said Ilya Espino de Marotta, deputy administrator of the Panama Canal Authority. A system of interconnecting locks raises ships around 26 meters (85 feet ...