Panama
Canal Expands
06/26/2007
Photos and article by
The National Geographic
Time.com's roundup of the most interesting sites
of the year. www.nationalgeographic.com
is one of the 25 Sites We Can't Live
Without, where we can see a pic about Panama Canal Expands
Cargo ships cross the
Gatún Locks of the Panama Canal on October 21, 2006.
On October 22 Panamanians approved a 5.25-billion-U.S.-dollar project
to modernize and expand the canal, doubling its capacity. Construction
is slated to begin this August, and work is already under way to assess
the ecological impacts of the expansion.
Built by
the United States government in 1914,
the canal currently handles almost 5 percent of global shipping trade.
But cargo ships have grown in size and weight over the years, and many
do not meet the size requirements for passing safely through the locks.
The project—the canal's largest facelift in its 93-year
history—will add an extra shipping lane that can accommodate
larger vessels.
NEXT: Richly Retired: Panama Lures Pensioners South