Panama Canal PAC-4 Work Begins

Tuesday, January 26, 2010

Work on the second largest contract of the Panama Canal Expansion Program has begun. The Panama Canal Authority (ACP) issued consortium FCC-ICA-Meco the Notice to Commence the fourth and final dry excavation (PAC-4) contract.

PAC-4 is the most complex expansion project after the design and build of the new set of locks. The dry excavation included in PAC-4 will create an access channel linking the new Pacific locks with the Canal's existing Gaillard Cut (the narrowest stretch of the Panama Canal).

The ACP awarded the PAC-4 contract to FCC-ICA-Meco, a Spanish, Mexican and Costa Rican joint venture, following the consortium's lowest bid submission of $267.8m and its compliance with the requirements established in the request for proposal specifications. The ACP issued the Notice after receiving FCC-ICA-Meco's performance and payment bonds and signing the contract.

The scope of work will include 26 million cubic meters of unclassified excavation, the installation of a backfilled cellular cofferdam water barrier and the construction of an earth-rock filled dam that will create part of the access channel's eastern bank. The work is scheduled to conclude during the third quarter of 2013.

Expansion will build a new lane of traffic along the Panama Canal through the construction of a new set of locks which will double capacity and allow more traffic and longer, wider ships.

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

News

Deep Sea Supply takes Delivery of 'Sea Triumph'

The Deep Sea Supply  took delivery of the newbuilding Platform Supply Vessel 'Sea Triumph'  on Thursday 18 September.  The vessels 'Sea Triumph' is a STX 05-L

Tropical Storm Polo Threatens Battered Mexican Resort of Los Cabos

Tropical storm Polo barreled nearer on Friday to the Mexican Pacific resort of Los Cabos where thousands of troops were restoring order following widespread

Keystone XL Costs to Nearly Double - TransCanada

The total cost of TransCanada Corp's controversial Keystone XL pipeline is likely to nearly double following six years of regulatory delays, a company spokesman said on Friday.

 
 
Maritime Careers / Shipboard Positions Navigation Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3274 sec (3 req/sec)