Nice Live Inn Panama

The Panama Canal is a man?made canal which joins the Atlantic and Pacific Ocean. Because all Asian exports including those from China, Japan, Singapore, and India go through the canal to reach the United States Eastern and Gulf coasts, the Panama Canal is critical to maritime vessels saving time and money in bringing cargo to its final destination Cargo and cruise ships leaving the port of Miami and Caribbean destinations headed to the pacific also must pass through the canal. The canal is so important that cargo and other ships are built to comply with the “Panamax” standard of vessel size so that they are not too wide or long to pass through the canal. However, due to improvements in technology (the canal was built in 1914) and an increasing number of modern ships that exceed this limit, the Panama Canal has been undergoing a five billion dollar expansion since 2006. The expansion project will increase the number of ships that can pass through per day, expand the width of the locks and make the process more efficient and economical for both the vessels and the country.
Two new locks are being created in addition to the existing locks and the existing locks are going to continue to run indefinitely. This is a major economic factor in sustaining Panama’s growth, as the canal continues to bring revenues to the expanding economy.

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