It is the Panama Canal Administration Building, a stately, tile-roofed structure that sits atop a pyramid-shaped hill near the Pacific end of the canal. It was inaugurated in 1914 as the ...

The Panama Canal, located at the ... The canal's fee structure is based on type of vessel and size, combined with auctions for ships arriving without reservations and a variable water surcharge.

On Dec. 31, 1999, Panama took control of the canal and built a management and legal structure led by the Panama Canal Authority, an independent agency.