Panama Canal Authority

The Panama Canal Authority (ACP) is a government agency responsible for managing and operating the Panama Canal, a critical waterway connecting the Atlantic and Pacific Oceans. It oversees the canal’s maintenance, development, and security, ensuring the efficient movement of maritime trade. The ACP also manages related infrastructure, policies, and services, generating revenue from tolls paid by ships. Established in 1997 when the canal was handed over from the United States, the authority plays a vital role in global commerce by facilitating faster, safer shipping routes between the two oceans.