Panama Canal: First Tender for $5b Expansion

Monday, May 14, 2007
On Monday, May 7, the Panama Canal Authority (ACP) got one step closer to beginning its historic expansion with the release of the first construction project tender (request for proposal submission) for dry excavation along the north access channel on the Pacific end of the Canal.

The Expansion Program adds a new lane of traffic along the Panama Canal through the construction of a new set of locks, which will double the tonnage capacity and allow the transit of substantially larger vessels. The North Pacific channel excavation, which will be located west of Pedro Miguel and locks, is the first of five dry excavation projects that will help link the new Post- Panamax Locks on the Pacific end of the Canal to the existing Gaillard Cut and represents approximately 16 percent of the total excavation for the new Pacific Locks Access Channel.

The scope of work under the contract will include: the removal of non-classified material and disposal of excavated material at indicated locations, and the construction of new gravel roads and ditches.

“We are making history with the release of the first construction project tender. The Expansion is moving forward with great progress,” said ACP Engineering and Programs Management Director Jorge L. Quijano. “We hope to attract firms with significant experience in this type of work as we begin this important phase of the project.”

Information about this tender (No. 67252) is now available through the ACP’s online bidding system (SLI), http://www.pancanal.com/esp/procsales/buy.html or via the ACP’s Web site at www.pancanal.com. Interested parties have 55 days from the tender release date for bid submissions. The ACP expects to award the contract in July or August 2007.

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

People & Company News

Stolt-Nielsen Q4 Profit Misses Forecast

Shipping firm Stolt-Nielsen reported fourth quarter earnings below forecasts on Thursday and said it was concerned about the outlook for the chemical tanker market,

Dozens Missing off Bangladesh after Boat Sinks

About 40 illegal migrants heading from Bangladesh to Malaysia to look for work were missing on Thursday after their boat sank, police said. A steady stream of

Shell: UK Should Reduce North Sea Oil Tax

The British government should review a supplementary tax charge on North Sea oil producers as it has made the operation of some fields unrealistic, Shell Chief

Contracts

Stolt-Nielsen Q4 Profit Misses Forecast

Shipping firm Stolt-Nielsen reported fourth quarter earnings below forecasts on Thursday and said it was concerned about the outlook for the chemical tanker market,

Wartsila Sees Low Oil Price Impacting Shipping

CEO cautious on 2015 outlook. Finnish ship engine and power plant maker Wartsila reported a smaller-than-expected quarterly profit and warned lower crude prices

Directorate Changes at Fastnet

Fastnet, the UK and Irish listed E&P company focused on near-term exploration and appraisal acreage in Morocco and the Celtic Sea, announces certain management

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Repair
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: 0.1484 sec (7 req/sec)