Often called one of the seven modern wonders of the world, the Panama Canal splits the continents of North and South America ...

Depending on the size, weight, and type of vessel, ship owners often pay anywhere between $15,000 and $300,000 in basic fees ...

The Miraflores Locks of the Panama Canal is pictured in Panama City on December 23, 2024. US President-elect Donald Trump has threatened to demand control of the Panama Canal be returned to ...

Former President Carter looks over the Panama Canal on June 17, 1978. Carter signed the final Panama Canal Treaties, which gave control of the canal to Panama in 2000.

Panama's voters approved a 2006 referendum authorizing a major expansion of the canal to accommodate larger modern cargo ships. The expansion took until 2016 and cost more than $5.2 billion.

The canal authority had contemplated that option for decades, especially as the population of the Panama City metro area swelled to 2.5 million, increasing demand for drinking water.