THE Federal Maritime Commission (FMC) chairman Louis Sola and Commissioner Daniel Maffei spoke before the US Senate Committee on Commerce, Science, and Transportation about the operation, control, and expense of using the Panama Canal. Mr Sola that the canal was vital waterway for maritime activity that benefits the US more than any other country. ‘In excess of 40 per cent of US container traffic, valued at roughly US$270 billion annually, transits this waterway. Vessels of all sorts use the...
https://www.seanews.com.tr/fmc-panama-canal-is-important-to-us-economy/202529/