Panama Canal Article 2024. The panama canal authority (acp) announced in a recent press release that water levels at gatun lake are forecast to improve in the upcoming weeks. The panama canal authority has announced plans to allocate more than $8.5 billion in capital investments towards sustainability projects.
The panama canal has managed to ward off a shipping crisis that threatened to upend $270 billion a year in global trade. In the wake of a drought that hampered shipping, the panama canal’s overseers are eager to expand water storage.