A century after transforming global markets, the Panama Canal isabout to redraw world trade once again.

Nine years of construction work, at a cost of more than $5billion, have equipped the canal with a third set of locks anddeeper navigation channels, crucial improvements that will doublethe isthmus's capacity for carrying cargo between the Atlantic andPacific oceans.

When the new locks slide open to receive traffic for the firsttime in late June, the reverberations will be felt from Asian gasterminals to Great Plains farms and ports from Miami to Long Beachto Santiago.

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