Panama Canal unveils $8.5 billion plan to combat drought and safeguard future trade
Panama Canal Administrator Ricaurte Vásquez Morales said the waterway’s sweeping $8.5 billion modernization program — which includes new port terminals, a gas pipeline, and a major water-reservoir project — is designed to keep the 110-year-old canal competitive as global trade patterns shift and climate pressures intensify. In an interview with FreightWaves at the Houston International […]
