Panama Canal Authority Announces Fiscal Year 2003 Metrics
(biz.yahoo.com)
Significant capital improvement efforts in FY2003 have contributed to the Canal’s ability to handle increased traffic. Projects have included: the deepening of the Gatun Lake channel; the acquisition of new locomotives and rehabilitation of the locomotive tracks; the addition of new tugboats; improved aids to navigations; a training and research maritime simulator center; and the implementation of the Automatic Identification System (AIS) — a sophisticated vessel tracking system.