The Transformation of the Panama Canal’s Service Since the Expansion
Five years ago, the Panama Canal opened the Neopanamax Locks, creating a third lane for traffic at the waterway. The Expanded Canal doubled the waterway’s capacity, attracting new markets and opening up world trade. Since the inauguration, more than 13,700 vessels have transited the Neopanamax Locks, accounting for 54% of the tonnage handled by the waterway.