Preview

Panama Canal Marketing Analysis

Better Essays
Open Document
Open Document
3371 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Panama Canal Marketing Analysis
Introduction

In this project we will talk about one of the wonders of world trade, which is the Panama Canal. The Panama Canal is located in the Republic of Panama, a country located in the center of the American continent. this wonder of the engineery serves as a passage for transporting various goods around the world. Also discuss your caracteriasticas and your strategy in world trade.
Also talk about your competitors and how these competitors may affect the business of commercial tranport Panama Canal and finally we will touch the issues of budgets and different profuctos, services and facilities that can offer this wonder.
Hopefully this project will meet the expectations and requirements.
General characterization

[pic]

The Panama Canal (Spanish: Canal de Panamá) is a 48-mile (77.1 km) ship canal in Panama that connects the Atlantic Ocean (via the Caribbean Sea) to the Pacific Ocean. The canal cuts across the Isthmus of Panama and is a key conduit for international maritime trade. There are locks at each end to lift ships up to Gatun Lake (85 feet (26 m) above sea-level) which was used to reduce the amount of work required for a sea-level connection. The current locks are 110 feet (33.5 m) wide. Work on the canal, which began in 1881, was completed in 1914, making it no longer necessary for ships to sail the lengthy Cape Horn route around the southernmost tip of South America (via the Drake Passage) or to navigate the dangerous waters of the Strait of Magellan. One of the largest and most difficult engineering projects ever undertaken, the Panama Canal shortcut made it possible for ships to travel between the Atlantic and Pacific Oceans in half the time previously required. The shorter, faster, safer route to the U.S. West Coast and to nations in and along the Pacific Ocean allowed those places to become more integrated with the world economy.
During this time, ownership of the territory that is now the Panama Canal was first Colombian,



References: www.pancanal.com/eng/ en.wikipedia.org/wiki/Panama_Canal

You May Also Find These Documents Helpful

  • Good Essays

    Transcontinental Railroad

    • 620 Words
    • 3 Pages

    The transcontinental railroad is considered one of the greatest American technological feats of the 19th century. It is considered to surpass the building of the Erie Canal in the 1820s and the crossing of the Isthmus of Panama by the Panama Railroad in 1855. It served as a vital link for trade, commerce and travel that joined the eastern and western halves of late 19th-century United…

    • 620 Words
    • 3 Pages
    Good Essays
  • Better Essays

    During the late 1800s, France was an undeniable force in the engineering world. It would turn out, however, that America was the country which would succeed in constructing the marvelous Panama Canal. The location was chosen as a means of joining the Atlantic and Pacific oceans--an action that was sure to open up new trade opportunities by limiting sail time and difficulties for men of the sea. It proved to be a sluggish effort from the get-go, much to the French’s distaste, as locating the optimal digging location proved to be no easy feat.…

    • 1536 Words
    • 4 Pages
    Better Essays
  • Good Essays

    The idea of a canal connecting the Atlantic and Pacific oceans had been discussed for some time. Such a canal would cut travel time for military and commercial ships. Ships would no longer have to go all the way around South America in order to get from one ocean to the other. The narrow Isthmus of Panama was a logical place to cut a canal.…

    • 566 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Have you ever wondered about the Great Panama Canal' difficulties, How it was made, and the effects? Well if you did you came to the right place.This is how the Panama Canal was built. In the beginning the U.S. used lots of explosive dynamite to blow up ground or tough hard rock. Next the U.S. used lots of metal silver railways so they could carry lots of material over by train and for transportation. Next an advanced system used was called locks. These helped raise bots over the mountains and were made bye shooting up water and slowly rising or lowery into the ocean(s). Next many miners just used old fashion rusty shovels or would use pickaxes. Another thing the U.S. did was making a massive dam so that that way the camps would not get flooded and for water storage. Furthermore, away the Panama Canal was built was the U.S. hired a lot of Indies to do a lot of the world and keep the project going.…

    • 472 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    On May 4, 1904, the The U.S. took control of the Panama Canal property. Aware of the possibility of Europe interfering in the internal affairs of Latin American nations, President…

    • 2538 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    However in 1848 they couldn’t pay for it and lost their rights regarding the railroad. In 1848 the California gold rush occurred. This alone caused heavy traffic across the Isthmus of Panama. Later that year in December, U.S Company, the Panama railroad company negotiated a new contract with Bogota, Colombia to build the railroad across the Isthmus in 6 years. Part of the contract said that the trip would be guaranteed in less than 12 hours. The railroad was built and completed the journey in 4 ½ hours. But Matthew Fontaine Maury, leading U.S. government scientist wrote to congress that the railroad Isthmus of Panama will lead to the construction of a ship canal between the two oceans, for a railroad can’t do the business which commerce will require…

    • 1383 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    <br>The United States claimed that they would build the Panama Canal for the advantage of Panama. Roosevelt said that he advanced "the needs of collective civilization" by speeding up the building of an interocean canal. The Canal was built by the United States for the use of the United…

    • 453 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The Suez Canal is a shipping route that connects the Mediterranean Sea and the Red sea, that allows ships and cargo to pass, reducing the distance, time and effort. In 1869, the Suez Canal was officially up and running, and because of this great…

    • 1158 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    The First Transcontinental Railroad, originally known as the “Pacific Railroad” constituted one of the most significant and ambitious American technological advancements of the 19th century following the building of the Erie Canal in the 1820s and the crossing of the Isthmus of Panama by the Panama Railroad in 1855. It served as a vital link for trade, commerce and travel that joined the eastern and western halves of the late 19th-century United States. The transcontinental railroad slowly ended most of the slower and more hazardous stagecoach lines and wagon trains that had preceded it. They provided much faster, safer, and cheaper transport east and west for people and goods across half a continent. Although the railway spanned across…

    • 1889 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    Article I of the Hay-Bunau-Varilla treaty states that America guarantees and will maintain the independence of the Republic of Panama. This was the result of promising Panama that America would help the country become independent from Columbia. Hay, John and Phillipe Bunau-Varilla. Article III states that America has all the rights, power, and authority of the Panama Canal Zone. The Panama Canal consisted of the isthmus of Panama, a 5-mile stretch of land on each side of the isthmus, and four islands in the bay of Panama: Perico, Naos, Culebra, and…

    • 1590 Words
    • 7 Pages
    Better Essays
  • Good Essays

    Panama has a population of 2.77 million people. The population mainly consists of mestizo, white, and West Indian blacks. The four largest cities in Panama are Panama City, San Miguelito, Colón, and David. The Panama Canal was opened on August 14, 1914. Panama signed treaty with the United States giving rights to control an area of the canal that is ten miles wide and fifty miles long. The Canal Zone played an important role in trade for most of the 20th century. The Canal was transferred to Panama on December 31, 1999. Panama is economically and politically dependent on the United States. Education in Panama started in 1903. Primary and Secondary education flourished in the 20th Century. Panama now has one of the highest literacy rates in Central America (Education…

    • 1233 Words
    • 5 Pages
    Good Essays
  • Good Essays

    The canal was a helpful hand to the majority of the U.S citizens. In the 1800’s, the railroads were just finished being built, so many employers would be trained on how to work with trains and building railroads. With this knowledge, it was easy for some workers to build the canal, with having some knowledge behind them. The workers had to use specific equipment for this job. The shovel used to help create the canal, weighed 95 tons. That is a tremendous amount of help, which was given to the workers. Along with the shovel, the amount of soil excavated from the canal, could build a 4200ft pyramid. Ten hours a day, six days a week; these were the hours of multiple workers that help build the canal… talk about long shifts. To make up for the long hours of labor, married workers were able to bring their wives to the family zones of the Canal, which included rent-free housing for the couples. As for single-workers, they were able to live in a housing quarter, or barracks, rent-free as well. Both were provided and that is an amazing gesture.…

    • 750 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    These are three facts about the Panama Canal. The first fact is how it was constructed? You are going to need at least 500 men. Next you are need to dig for nine miles and 30 feet under sea level. Then you need to make it wide enough so a ship can get through it. That are some ways how to construct it.…

    • 169 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    The Panama Canal was really successful but it was hard to build.They had a lot of difficulties they had to overcome and one of them was that it was a jungle there and mountains.So that meant there was a lot of rocks,dirt,and mud when it rained.When they were in the jungle there was a lot of mosquitoz so the mozquitoz gave the men yellow fever.Also when they had to move the dirt and rocks it rained so it turned into mud and sometimes it cause mud slides.All of those difficulties caused a lot of people to die.…

    • 241 Words
    • 1 Page
    Good Essays
  • Best Essays

    The Society of New France

    • 1856 Words
    • 8 Pages

    Northwest Passage that linked the Atlantic to the Pacific, thus leading to the wealth of Asia .…

    • 1856 Words
    • 8 Pages
    Best Essays

Related Topics