Top

The Panama Canal's uncertain future and four projects that could replace it

The uncertain future of the Panama Canal
1 of 26
Jose Mario Espinoza/Shutterstock

The uncertain future of the Panama Canal

In operation for 110 years, the Panama Canal is one of the world's greatest feats of engineering. It's also a vital component in global trade: around $270 billion (£217bn) worth of cargo passes through each year, with the canal slashing travel time and enabling crucial and cost-saving 'just in time' fulfilment for manufacturers and retailers. 

However, the canal now faces several enormous challenges – not least President Trump's threat to seize control of it – throwing its future into doubt. What's more, neighbouring countries are already working on replacement solutions. 

Read on to discover the story of its construction, the big problems it faces and four huge foreign projects that could rival the Panama Canal.

All dollar amounts in US dollars.

Nicole Robinson

03 February 2025

Features

List View
|
Expand View
See more on this topic

Comments

Do you want to comment on this article? You need to be signed in for this feature

+ Add Comment

Most Popular
-->

Copyright © lovemoney.com All rights reserved.

 

loveMONEY.com Financial Services Limited is authorised and regulated by the Financial Conduct Authority (FCA) with Firm Reference Number (FRN): 479153.


loveMONEY.com is a company registered in England & Wales (Company Number: 7406028) with its registered address at First Floor Ridgeland House, 15 Carfax, Horsham, West Sussex, RH12 1DY, United Kingdom.


loveMONEY.com Limited operates under the trading name of loveMONEY.com Financial Services Limited.


We operate as a credit broker for consumer credit and do not lend directly.


Our company maintains relationships with various affiliates and lenders, which we may promote within our editorial content in emails and on featured partner pages through affiliate links. Please note, that we may receive commission payments from some of the product and service providers featured on our website. In line with Consumer Duty regulations, we assess our partners to ensure they offer fair value, are transparent, and cater to the needs of all customers, including vulnerable groups. We continuously review our practices to ensure compliance with these standards.


While we make every effort to ensure the accuracy and currency of our editorial content, users should independently verify information with their chosen product or service provider. This can be done by reviewing the product landing page information and the terms and conditions associated with the product. If you are uncertain whether a product is suitable, we strongly recommend seeking advice from a regulated independent financial advisor before applying for the products.