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 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

News

China Merchants Profit up 29pct

While China’s ports continue to face growth pressure, the country’s largest port operator is reaping the rewards of years of investments in overseas projects.   China

Swire Upgrades Asia-Pac Coverage

Singapore-based liner trade division of The China Navigation Company (CNC) Swire Shipping has upgraded its multipurpose liner service coverage in the Asia Pacific region.

Baltimore Port Shipments Hit New Record

Helen Delich Bentley Port of Baltimore's public terminals shipped a record 9.74 million tons of general cargo in the 2015 fiscal year ending June 30, it said Monday.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Offshore Oil Salvage Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | 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: 0.4494 sec (2 req/sec)