The Panama Canal, an engineering marvel that connects the Atlantic and Pacific Oceans, spans approximately 72 km and features a sophisticated lock system that raises and lowers ships 26 meters between sea levels. Built by the U.S. in the early 20th century, it shortens the travel distance for maritime shipping by about 13,000 km, crucial for international trade especially between Western Europe and the U.S. West Coast. Its economic significance extends beyond just reduced travel time; the canal facilitates enhanced trade relations, promotes commerce in Latin America and has emphatically influenced global maritime transportation dynamics.