Correct Answer : Panama Canal
Panama Canal, Spanish Canal de Panamá, lock-type canal, owned and administered by the Republic of Panama, that connects the Atlantic and Pacific oceans through the narrow Isthmus of Panama. The length of the Panama Canal from shoreline to shoreline is about 40 miles (65 km) and from deep water in the Atlantic (more specifically, the Caribbean Sea) to deep water in the Pacific about 50 miles (82 km). The canal, which was completed in August 1914, is one of the two most strategic artificial waterways in the world, the other being the Suez Canal. Ships sailing between the east and west coasts of the United States, which otherwise would be obliged to round Cape Horn in South America, shorten their voyage by about 8,000 nautical miles (15,000 km) by using the canal. Savings of up to 3,500 nautical miles (6,500 km) are also made on voyages between one coast of North America and ports on the other side of South America. Ships sailing between Europe and East Asia or Australia can save as much as 2,000 nautical miles (3,700 km) by using the canal.
