3rd Panama Canal Excavation Contract

Monday, December 22, 2008

The Panama Canal Authority (ACP) awarded Constructora MECO, S.A. the third of four dry excavation contracts on Dec. 16 to help create an access channel linking the new Pacific locks with the Canal’s existing Gaillard Cut (the narrowest stretch of the Panama Canal).

The contracting process began September 30, 2008 when the ACP released its request for proposals (RFP) for the excavation project. On December 4, 2008, the ACP received a total of six bids for the contract. Following a thorough review, the ACP determined that the lowest bidder, Costa Rican firm Constructora MECO, S.A., established in Panama in 1995, met all the requirements in the RFP and awarded it the contract. 

“This pivotal step in the process to build the new lane represents just one more example of the Expansion Program’s steady advancement. Constructora MECO, S.A. is a leading construction company in Latin America with expertise in the execution of the same type of work that they will undertake here,” said Executive Vice President of Engineering and Program Management Jorge L. Quijano. “The interest shown for the Canal expansion’s various elements is clear evidence that prime contractors desire to make history and work on a very interesting project.”

The scope of work included in the contract encompasses the excavation, removal and disposal of 10.5 million cubic yards of material, which will further reduce Paraíso (Paradise) Hill from 151 ft to 90 ft above sea level. It also calls for the construction of approximately 1.5 miles of access roads and the clearing of 469.5 acres of land bearing munitions and explosives of consideration (MEC), remnants from former U.S. military training in Panama.

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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Boskalis Secures Dike Reinforcement Project

Royal Boskalis Westminster N.V. announced that the Noorderzijlvest district water board intends to award the contract for the Eemshaven-Delfzijl dike reinforcement

Wärtsilä, Zamakona Yards Join forces in Canary Island

Wärtsilä is enhancing its service offering by participating in a new maintenance hub in the Canary Islands. The facility, operated by one of Spain's biggest shipbuilding and ship repair groups,

Diana Shipping Enters Contract with SwissMarine

Diana Shipping Inc., through a separate wholly-owned subsidiary, has entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Ice Class Panamax dry bulk vessels,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Ship Electronics Ship Simulators Shipbuilding / Vessel Construction 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: 0.0686 sec (15 req/sec)