Re-evaluating Canal Waters Time: A Futures Exchange on The Panama Canal, Panama 2006

 

The Panama canal is a global trade valve that provides limited toll revenue to Panama’s transit economy and
incalculable revenue to its major users. This thesis propses that the canal diversifies to develop a futures’ exchange

at its centre which speculates on the value difference of the same commodities at opposite ends of the canal.

An earlier study of the tolerance and deviation of the transits time in the canal identified a temporal, spatial and

climmatic site for the proposal in Gatun lake (nightly fog stops all traffic).
Here distributed laminar flow jets carve spaces out of the dense fog to generate a hydraulic surface that houses an

exchange zone between the international vessels and the isolated local economy.

 

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