Friday, September 12, 2014
Top Story
Completion of Panama Canal expansion pushed to 2016
Photo credit: Carlos Jasso/Reuters
Tests with ships will begin in mid-2015 on a new set of locks that are key to the expansion of the Panama Canal, which is expected to be complete by January 2016, according to the canal's chief administrator.
The expansion, which involves building a third set of locks onto the 50-mile waterway, was originally supposed to be finished this year, but has been delayed several times, in part due to a dispute in early 2014 over $1.6 billion in cost overruns.
On Sunday, Panama Canal Administrator Jorge Quijano said the locks would likely be ready, by April or May of next year.
"We hope to start a series of tests with the locks next year in the month of July or August," said Quijano after overseeing the arrival from Italy of a shipment of four new gates for the locks.
The 100-year-old canal, which is major global trade artery, is in the midst of a massive expansion to will allow the globe’s largest tankers to traverse the isthmus.
For more of the Reuters story: ca.news.yahoo.com
AAPA names winners of 2014 environmental and IT awards
DNV GL approves LNG fuel system design for mega container ships
Rickmers Linie expects higher fuel costs with stricter sulfur regulations
Navy’s exoskeleton could make workers 27 times more productive (video)
Home | The Magazine | Conferences | Port Handbooks | Newswire | Advertise | Ocean Schedules | Contact
CBN Archives | About CBN | Subscribe to CBN | Southeast Freight Conference | Marine Fuels Conference | Heartland Shippers’ Conference | Port Productivity Conference | Pacific Northwest Ports Handbook
Golden Gates Ports Handbook | Southern California Ports Handbook | Buy Handbooks | Subscirbe to Newswire | Newswire Archives | Upload Files