September 28, 2010 Canal generates about 30% of Panama's GDP Panama Investor Blog Not surprising that Transportation would represent such a large portion of Panama's GDP. According to a recent report from the Comptroller, the value of all goods and services produced in the country is estimated at 26 billion dollars at the close of 2010. Transport and communications … [Read more...]
One Millionth Ship Crosses Panama Canal 3 Years Ahead Of Schedule
One millionth ship crosses Panama Canal Agence France-Presse First Posted 09:01:00 09/28/2010 PANAMA CITY—A Chinese freighter has become the millionth vessel to cross the Panama Canal three years ahead of the waterway's 100th anniversary, the canal authority said Monday. "The ship 'Fortune Plum,' whose name foreshadowed its good luck, became the one millionth … [Read more...]
Panama Canal: Maritime Marvel
Panama and UAE's maritime marvels By Matthew Knight for CNN September 19, 2010 -- Updated 1139 GMT (1939 HKT) STORY HIGHLIGHTS Panama and UAE home to two of the greatest engineering projects of the 20th century Panama Canal has served nearly one million vessels since opening in 1915 Jebel Ali port in Dubai is home to the largest manmade harbor in the … [Read more...]