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Which organization administers the Panama Canal after the 1999 transfer?
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Panama Canal
A passenger cruise ship travels through the Panama Canal.
Since December 31, 1999, the Panama Canal has been administered by the Panama Canal Authority (Spanish: Autoridad del Canal de PanamĂĄ [ACP]).123
The ACP is an autonomous agency of the Panamanian government, created by an amendment to the national constitution. It is responsible for the operation, maintenance, administration, and modernization of the canal, as well as the preservation of the water resources within the entire Panama Canal watershed. The authority is governed by an 11-member board of directors, with its leadership appointed by the president of the republic and ratified by the legislative assembly.1