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When the current Panama Canal expansion project was completed in 2014, jumbo ships from China began utilizing deep-water Atlantic Ocean ports. To remain competitive, Jacksonville began a project in 2011 to deepen their shipping channel from 42' to 47'.
A New Panamax ship passes through the Panama Canal's Agua Clara lock in 2019. The Atlantic Bridge is seen in the background.. The Panama Canal expansion project (Spanish: ampliación del Canal de Panamá), also called the Third Set of Locks Project, doubled the capacity of the Panama Canal by adding a new traffic lane, enabling more ships to transit the waterway, and increasing the width and ...
The timing of the tunnel's construction and opening coincides with PortMiami Deep Dredge Project that will see the port dredged deeper to accommodate larger ships expected following the completion of the Panama Canal expansion, now expected to be completed in 2016 (previously 2014). [64]
The ACP took over the administration of the canal from the Panama Canal Commission, the joint US–Panama agency that managed the canal, on December 31, 1999, when the canal was handed over from the United States to Panama as per the Torrijos–Carter Treaties. It is headquartered in Balboa, a district of Panama City.
In June 2015, if all goes well, the first ships will sail through a newly enlarged Panama Canal. This expansion provides U.S. energy companies the opportunity to compete more aggressively for the ...
With the implementation of the Panama Canal Treaties (the Panama Canal Treaty of 1977 and the Treaty concerning the Permanent Neutrality and Operations of the Panama Canal), the U.S. Southern Command was relocated in Miami, Florida, on 26 September 1997. [16]
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In March 2007, PSA announced plans to build a port in Panama; its first in the Americas, [3] which would be sited at the Pacific entrance to the Panama Canal. [4] [5] The port concession was approved by the National Assembly of Panama in April 2008. [6] [7] The port opened in December 2010; [8] the first ship to use the port was Beluga Festival ...