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FreightWaves Classics: Panama Canal serves shipping and commerce for more than 100 years


As most people are aware, the Suez Canal was blocked earlier this year for six days (March 23-29). According to the Suez Canal Authority, which maintains and operates the waterway, the canal has closed five times since it opened for navigation in 1869. Interestingly, the Panama Canal has never been blocked, and has only been closed for a day. That occurred in 1989, when U.S. military forces staged an assault in Panama to depose the country’s leader, Manuel Noriega.
A shortcut to the Orient
The idea of creating a water passage across the isthmus of Panama to link the Atlantic and Pacific oceans dates back to at least the 1500s, when King Charles I of Spain (whose nation laid claim to most of Central and South America) instructed his regional governor to survey a route along the Chagres River. A shorter water route from Europe to Asia across Central America was the goal. However, engineering and other challenges of building a canal across the mountainous, jungle terrain pr ....

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FreightWaves Classics: Panama Canal serves shipping and commerce for more than 100 years

FreightWaves Classics: Panama Canal serves shipping and commerce for more than 100 years
freightwaves.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freightwaves.com Daily Mail and Mail on Sunday newspapers.

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The NSA Response to Tucker Carlson's Allegations Shows They Are Hiding Something


(NSA)
Two days ago, Fox News personality Tucker Carlson used his opening monologue to announce that he had been targeted for surveillance by some part of the US Intelligence Community. The ostensible purpose of this surveillance was to force the cancellation of his show. Here is that segment.
It’s not just political protesters the government is spying on, yesterday, we heard from a whistleblower within the US government who reached out to warn us that the NSA, the National Security Agency, is monitoring our electronic communications and is planning to leak them in an attempt to take this show off the air. ....

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Why so many shipowners find Panama's flag convenient


BBC News
Published
image captionThe Panama Canal features prominently in Panamanian life
Panama, a small nation of just three million, has the largest shipping fleet in the world, greater than those of the US and China combined. Aliyya Swaby investigates how this tiny Central American country came to rule the waves.
Thanks to its location and slender shape, Panama enjoys a position as the guardian of one of the world s most important marine trade routes, which connects the Pacific and Atlantic oceans.
For a hundred years the Panama Canal has provided a short cut for ships wishing to avoid the more hazardous route via Cape Horn. ....

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