Panama

Country Panama
Capital Panama City
Continent North America(Central America)
Currency Balboa(PAB) & United States dollar(USD)
Languages Spanish

Panama City

Information

Introduction

Explored and settled by the Spanish in the 16th century, Panama broke with Spain in 1821 and joined a union of Colombia, Ecuador, and Venezuela - named the Republic of Gran Colombia. When the latter dissolved in 1830, Panama remained part of Colombia. With US backing, Panama seceded from Colombia in 1903 and promptly signed a treaty with the US allowing for the construction of a canal and US sovereignty over a strip of land on either side of the structure (the Panama Canal Zone). The Panama Canal was built by the US Army Corps of Engineers between 1904 and 1914. In 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of the century. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the subsequent decades. With US help, dictator Manuel NORIEGA was deposed in 1989. The entire Panama Canal, the area supporting the Canal, and remaining US military bases were transferred to Panama by the end of 1999. In October 2006, Panamanians approved an ambitious plan (estimated to cost $5.3 billion) to expand the Canal. The project, which began in 2007 and could double the Canal's capacity, is expected to be completed in 2014-15.

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References

Panama - Wikipedia
Panama - CIA World Fact Book
Panama - BBC
Panama - Timeline - BBC

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Businesses Spend Up To $4 Million To Cross Panama Canal Amid Hormuz Chokehold - NDTVBusinesses Spend Up To $4 Million To Cross Panama Canal Amid Hormuz Chokehold  NDTV

While Strait of Hormuz grapples with crisis, this small country raking in millions by allowing passage to shi - India.ComWhile Strait of Hormuz grapples with crisis, this small country raking in millions by allowing passage to shi  India.Com

Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold - The New Indian ExpressBusinesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold  The New Indian Express

Hormuz crisis drives up Panama Canal delays and auction prices - Lloyd's ListHormuz crisis drives up Panama Canal delays and auction prices  Lloyd's List

Panama Canal prices take flight on Iran butterfly effect - Splash247Panama Canal prices take flight on Iran butterfly effect  Splash247

Trump Vindicated? Iran Crisis Turning US Crude Into World's Safe Bet - NDTVTrump Vindicated? Iran Crisis Turning US Crude Into World's Safe Bet  NDTV

‘21 Indian crew on Panama-flagged ship attacked in Hormuz strait safe’: Govt | India News - Hindustan Times‘21 Indian crew on Panama-flagged ship attacked in Hormuz strait safe’: Govt | India News  Hindustan Times

Panama Canal bids surge to $4mn as Hormuz crisis disrupts trade - WIONPanama Canal bids surge to $4mn as Hormuz crisis disrupts trade  WION

Mexico pulls a “land-based Panama Canal” out of its hat: 303 km across the Isthmus of Tehuantepec to connect the Pacific and the Gulf without passing through locks - ECOticias.comMexico pulls a “land-based Panama Canal” out of its hat: 303 km across the Isthmus of Tehuantepec to connect the Pacific and the Gulf without passing through locks  ECOticias.com

Former co-owner of Panama Papers law firm convicted of aiding and abetting tax evasion - International Consortium of Investigative Journalists - ICIJFormer co-owner of Panama Papers law firm convicted of aiding and abetting tax evasion  International Consortium of Investigative Journalists - ICIJ

Hormuz Crisis Sends Panama Canal Transit Costs to $4 Million - WhalesbookHormuz Crisis Sends Panama Canal Transit Costs to $4 Million  Whalesbook

Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold - AP NewsBusinesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold  AP News

Shipping firms pay up to $4 million to reroute via Panama Canal due to Hormuz disruption - madhyamamonline.comShipping firms pay up to $4 million to reroute via Panama Canal due to Hormuz disruption  madhyamamonline.com

Panama Canal tolls see sharp surge amid Strait of Hormuz Blockade - Fibre2FashionPanama Canal tolls see sharp surge amid Strait of Hormuz Blockade  Fibre2Fashion

Hormuz Crisis Fails to Revive US LNG Panama Canal Traffic - Energy IntelligenceHormuz Crisis Fails to Revive US LNG Panama Canal Traffic  Energy Intelligence

Hormuz blockade drives Panama Canal fees up to $4m - Middle East EyeHormuz blockade drives Panama Canal fees up to $4m  Middle East Eye

Panama Canal Pushes Back on ‘Line Jumping’ Claims as Auction Slot Prices Surge - gCaptainPanama Canal Pushes Back on ‘Line Jumping’ Claims as Auction Slot Prices Surge  gCaptain

Panama Canal auction slots more than double in price - Seatrade Maritime NewsPanama Canal auction slots more than double in price  Seatrade Maritime News

The Strait of Hormuz crisis is driving Panama Canal auction fees to record levels - ??? ????????The Strait of Hormuz crisis is driving Panama Canal auction fees to record levels  ??? ????????

Colombia Reaches 24 Gold Medals and Quickens the Pace in Panama - ColombiaOne.comColombia Reaches 24 Gold Medals and Quickens the Pace in Panama  ColombiaOne.com

Shipping firms pay up to $4M for Panama Canal access as Strait of Hormuz crisis disrupts trade - Mathrubhumi EnglishShipping firms pay up to $4M for Panama Canal access as Strait of Hormuz crisis disrupts trade  Mathrubhumi English

21 Indian seafarers on Panama-flagged ship under fire in Strait of Hormuz safe - myind.net21 Indian seafarers on Panama-flagged ship under fire in Strait of Hormuz safe  myind.net

Iran war drives Panama Canal lane prices to record high - Financial TimesIran war drives Panama Canal lane prices to record high  Financial Times

Panama Canal transits rise to 6,288 in first half of FY2026 - FreshPlazaPanama Canal transits rise to 6,288 in first half of FY2026  FreshPlaza

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand - ReutersPanama Canal says $1 million-plus auction slots reflect temporary surge in demand  Reuters

‘21 Indian crew on Panama-flagged ship attacked in Hormuz strait safe’: Govt - The Indian Panorama‘21 Indian crew on Panama-flagged ship attacked in Hormuz strait safe’: Govt  The Indian Panorama

China told Maersk and MSC to drop Panama port operations - Financial TimesChina told Maersk and MSC to drop Panama port operations  Financial Times

From Khan Younis to Panama: soldier reunites with comrade who saved his life - ynetnewsFrom Khan Younis to Panama: soldier reunites with comrade who saved his life  ynetnews

Panama asks China for respect after ship detentions tied to ports ruling - ReutersPanama asks China for respect after ship detentions tied to ports ruling  Reuters

$1.5 Million Homes in Panama - The New York Times$1.5 Million Homes in Panama  The New York Times

Panama president seeks to calm China tensions - ReutersPanama president seeks to calm China tensions  Reuters

Panama - Welcome to the United NationsPanama  Welcome to the United Nations

Panama Canal fees surge as Hormuz disruption shifts trade - Logistics Middle EastPanama Canal fees surge as Hormuz disruption shifts trade  Logistics Middle East

Operation Just Cause | U.S. Invasion of Panama, History, Casualties, & Facts - BritannicaOperation Just Cause | U.S. Invasion of Panama, History, Casualties, & Facts  Britannica

Panama Canal Transit Fees Skyrocket Amid War In West Asia - BernamaPanama Canal Transit Fees Skyrocket Amid War In West Asia  Bernama

Panama Canal Traffic Climbs as Officials Downplay Congestion Fears - gCaptainPanama Canal Traffic Climbs as Officials Downplay Congestion Fears  gCaptain

Panama Papers: 10 years on, the promises and the failures - Transparency.orgPanama Papers: 10 years on, the promises and the failures  Transparency.org

Middle East tensions drive spike in Panama Canal slot auctions as cargo volumes rise - WorldCargo NewsMiddle East tensions drive spike in Panama Canal slot auctions as cargo volumes rise  WorldCargo News

Panama Canal posts higher traffic and cargo volumes in the first half of fiscal 2026 - PortNews IAAPanama Canal posts higher traffic and cargo volumes in the first half of fiscal 2026  PortNews IAA

Western District of Washington | Iranian citizen extradited from Panama to U.S. on indictment in Seattle - Department of Justice (.gov)Western District of Washington | Iranian citizen extradited from Panama to U.S. on indictment in Seattle  Department of Justice (.gov)

IAM Air Transport Territory Strengthens International Solidarity with Panama Exchange Visit - IAM UnionIAM Air Transport Territory Strengthens International Solidarity with Panama Exchange Visit  IAM Union

A Panama City case changed US legal history. Find out how in lecture - Panama City News HeraldA Panama City case changed US legal history. Find out how in lecture  Panama City News Herald

Teatro de las Artes gifts Panama City Beach City Hall painting - Panama City News HeraldTeatro de las Artes gifts Panama City Beach City Hall painting  Panama City News Herald

Iran war and rising fuel costs could boost Panama Canal traffic, administrator says - AP NewsIran war and rising fuel costs could boost Panama Canal traffic, administrator says  AP News

A Future with Quality Jobs and Less Poverty in Panama - World Bank GroupA Future with Quality Jobs and Less Poverty in Panama  World Bank Group

Strait of Hormuz blockade drives up traffic at Panama Canal - Gulf NewsStrait of Hormuz blockade drives up traffic at Panama Canal  Gulf News

Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold - Courthouse NewsBusinesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold  Courthouse News

Chile Sets to Join Brazil, Mexico, United States, Argentina, Peru and Panama at Global Business Travel Association – GBTA LATAM Business Travel Forums 2026 on May 6 at Courtyard by Marriott Santiago Las Condes - Travel And Tour WorldChile Sets to Join Brazil, Mexico, United States, Argentina, Peru and Panama at Global Business Travel Association – GBTA LATAM Business Travel Forums 2026 on May 6 at Courtyard by Marriott Santiago Las Condes  Travel And Tour World

$2 Billion Fourth Bridge Panama Canal Project Drives Strategic Construction Crossing - Construction Review$2 Billion Fourth Bridge Panama Canal Project Drives Strategic Construction Crossing  Construction Review

Mexico Joins Peru, Panama, Argentina and Guatemala in Record Breaking Tourism Boom this April as Rising Tourist Arrivals Transform the Future of Global Travel: All You Need To Know - Travel And Tour WorldMexico Joins Peru, Panama, Argentina and Guatemala in Record Breaking Tourism Boom this April as Rising Tourist Arrivals Transform the Future of Global Travel: All You Need To Know  Travel And Tour World

Panama Canal - timesdaily.comPanama Canal  timesdaily.com

CK Hutchison Starts Arbitration Against Maersk Over Panama Ports - WSJCK Hutchison Starts Arbitration Against Maersk Over Panama Ports  WSJ

Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold - PinalCentral.comBusinesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold  PinalCentral.com

WTO | 2025 News items - Panama formally accepts WTO Agreement on Fisheries Subsidies - World Trade OrganizationWTO | 2025 News items - Panama formally accepts WTO Agreement on Fisheries Subsidies  World Trade Organization

Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold - huntingdondailynews.comBusinesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold  huntingdondailynews.com

Hong Kong lodges 'strong protest' after Panama takes control of canal ports - BBCHong Kong lodges 'strong protest' after Panama takes control of canal ports  BBC

Carwiz Opens Car Rental Service In Panama - Auto Rental NewsCarwiz Opens Car Rental Service In Panama  Auto Rental News

Panama City Beach to install security fencing at Aaron Bessant Park - WJHGPanama City Beach to install security fencing at Aaron Bessant Park  WJHG

Panama voids Hong Kong-based firm's canal port contracts - BBCPanama voids Hong Kong-based firm's canal port contracts  BBC

Panama City Beach accepts first artwork donation for city hall - WJHGPanama City Beach accepts first artwork donation for city hall  WJHG

China’s retaliation against Panama has backfires across Latin America - The HillChina’s retaliation against Panama has backfires across Latin America  The Hill

How US intervention in Venezuela mirrors its actions in Panama in 1989 - The ConversationHow US intervention in Venezuela mirrors its actions in Panama in 1989  The Conversation

Panama supreme court cancels Hong Kong company’s canal contracts | Panama canal - The GuardianPanama supreme court cancels Hong Kong company’s canal contracts | Panama canal  The Guardian

Papers please: China raises pressure on Panama with ship inspection wave - South China Morning PostPapers please: China raises pressure on Panama with ship inspection wave  South China Morning Post

CK Hutchison's Panama unit to seek arbitration over Maersk ports takeover - ReutersCK Hutchison's Panama unit to seek arbitration over Maersk ports takeover  Reuters

Panama City Beach to allow propane beach bonfires during burn bans - Panama City News HeraldPanama City Beach to allow propane beach bonfires during burn bans  Panama City News Herald

Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold - ABC News - Breaking News, Latest News and VideosBusinesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold  ABC News - Breaking News, Latest News and Videos

Panama Canal says operations stable despite rising demand - Chamber of ShippingPanama Canal says operations stable despite rising demand  Chamber of Shipping

CAF to Bring Together 2,500 Leaders in Panama for the Region’s Future - CAF | BancoCAF to Bring Together 2,500 Leaders in Panama for the Region’s Future  CAF | Banco

Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold - The Journal GazetteBusinesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold  The Journal Gazette

China detaining Panama-flagged ships amid battle over port control, FMC says - ReutersChina detaining Panama-flagged ships amid battle over port control, FMC says  Reuters

Panama City Beach food truck court proposal - WJHGPanama City Beach food truck court proposal  WJHG

Panama City extends warning period for school speed-detection systems - Panama City News HeraldPanama City extends warning period for school speed-detection systems  Panama City News Herald

Invitation for the Panama Roadshow – May 5 (Montreal) and May 6 (Toronto) - TravelweekInvitation for the Panama Roadshow – May 5 (Montreal) and May 6 (Toronto)  Travelweek

Panama Canal Transit Costs Jump Nearly Three Times - Tempo.co EnglishPanama Canal Transit Costs Jump Nearly Three Times  Tempo.co English

U.S. Embassy, Panama’s First Lady Office, and Ministry of Health Mark the Conclusion of SOUTHCOM Eye Surgery Mission at Hospital Santo Tomás - U.S. Embassy in Panama (.gov)U.S. Embassy, Panama’s First Lady Office, and Ministry of Health Mark the Conclusion of SOUTHCOM Eye Surgery Mission at Hospital Santo Tomás  U.S. Embassy in Panama (.gov)

The fight for what’s essential in Panama’s Afro-descendant islands - ohchrThe fight for what’s essential in Panama’s Afro-descendant islands  ohchr

CK Hutchison Accuses Maersk of ‘Scheme’ in Panama Port Takeover - WWDCK Hutchison Accuses Maersk of ‘Scheme’ in Panama Port Takeover  WWD

Maersk Opens Panama Pacifico Logistics Centre as a Gateway to Latin America - MaerskMaersk Opens Panama Pacifico Logistics Centre as a Gateway to Latin America  Maersk

Panama cancels China-linked port deal, hands canal terminals to Maersk, MSC - CNBCPanama cancels China-linked port deal, hands canal terminals to Maersk, MSC  CNBC

Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold - thegazette.comBusinesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold  thegazette.com

SOUTHCOM Donates Four Boats to Panama’s Ministry of Security to Support Surveillance Operations - U.S. Embassy in Panama (.gov)SOUTHCOM Donates Four Boats to Panama’s Ministry of Security to Support Surveillance Operations  U.S. Embassy in Panama (.gov)

Trump gets a boost as Panama Canal ruling ups the ante in U.S.-China power struggle - CNBCTrump gets a boost as Panama Canal ruling ups the ante in U.S.-China power struggle  CNBC

UNCCD CRIC 23 - SDG Knowledge HubUNCCD CRIC 23  SDG Knowledge Hub

The Battle Over Who Runs the Panama Canal Ports Is About to Be Decided - WSJThe Battle Over Who Runs the Panama Canal Ports Is About to Be Decided  WSJ

Texas murder suspect apprehended in Panama City - YahooTexas murder suspect apprehended in Panama City  Yahoo

U.S.–China proxy battle over Panama Canal ports set to intensify as CK Hutchison warns of legal action - CNBCU.S.–China proxy battle over Panama Canal ports set to intensify as CK Hutchison warns of legal action  CNBC

Panama City, at a walker’s pace - Inter-American Development BankPanama City, at a walker’s pace  Inter-American Development Bank

Invading Panama and deposing Noriega in 1989 was easy, right? - Responsible StatecraftInvading Panama and deposing Noriega in 1989 was easy, right?  Responsible Statecraft

Panama’s president hits back after China threat in canal ports row - Al JazeeraPanama’s president hits back after China threat in canal ports row  Al Jazeera

In Panama, Going Beyond the Capital City and Its Famous Canal - Condé Nast TravelerIn Panama, Going Beyond the Capital City and Its Famous Canal  Condé Nast Traveler

Rubio accuses China of ‘bullying’ for holding up Panama-flagged ships after canal clash - AP NewsRubio accuses China of ‘bullying’ for holding up Panama-flagged ships after canal clash  AP News

Panama Canal makes a fortune when Hormuz is blockaded, priority fees skyrocket - Laodong.vnPanama Canal makes a fortune when Hormuz is blockaded, priority fees skyrocket  Laodong.vn

Washington can’t open Hormuz. It wants Panama for BlackRock. - Struggle - La LuchaWashington can’t open Hormuz. It wants Panama for BlackRock.  Struggle - La Lucha

US military buildup off Venezuela coast stirs echoes of 1989 Panama invasion - The GuardianUS military buildup off Venezuela coast stirs echoes of 1989 Panama invasion  The Guardian

First U.S. Aircraft Carrier to Visit Panama in Over Fifty Years - U.S. Embassy in Panama (.gov)First U.S. Aircraft Carrier to Visit Panama in Over Fifty Years  U.S. Embassy in Panama (.gov)

The United States and Panama Sign Landmark Bilateral “America First Global Health Strategy” Memorandum of Understanding - U.S. Embassy in Panama (.gov)The United States and Panama Sign Landmark Bilateral “America First Global Health Strategy” Memorandum of Understanding  U.S. Embassy in Panama (.gov)

U.S. delivers more than 165,000 pounds of food to Panama under the Denton humanitarian delivery program - U.S. Embassy in Panama (.gov)U.S. delivers more than 165,000 pounds of food to Panama under the Denton humanitarian delivery program  U.S. Embassy in Panama (.gov)

Panamanian Court Strikes Down Hong Kong Firm’s Canal Contract - The New York TimesPanamanian Court Strikes Down Hong Kong Firm’s Canal Contract  The New York Times

Panama hopes China's COSCO will resume operations at Balboa port, minister says - ReutersPanama hopes China's COSCO will resume operations at Balboa port, minister says  Reuters