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Article: Panama Canal Authority Celebrates Five-Year Anniversary of Successful Panamanian Administration; ACP Assumed Control of Waterway December 31, 1999.
- Article from:
- PR Newswire
- Article date:
- December 27, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PANAMA CITY, Panama, Dec. 27 /PRNewswire/ -- Five years since the Panama Canal was handed over to the Panamanian people from the United States, the waterway is running better and safer than ever in its 90 years of operation. Beginning a new century under Panamanian stewardship, the Panama Canal Authority (ACP) has set and broken records, made significant improvements and invested in the equipment and infrastructure of the waterway. These accomplishments have helped the "All-Water Route" (the route from Asia to America's East Coast via the Panama Canal -- and back) become a very attractive option for the industry to move cargo between these markets. The five-year ...