Panama Canal Expansion 5-Year Update

Press Release
Tuesday, September 25, 2012

Five years ago, the Panama Canal Expansion broke ground at Paraiso Hill & the latest update shows progress estimated at 44.5%.

"The Panama Canal Expansion Program is moving forward at a good pace.  The program has made positive contributions to Panama´s economy such as direct employment, investments, knowledge and technological transfer,” said Panama Canal Administrator/CEO Jorge L. Quijano.
 
Three of the four dry excavation projects have been completed and the 4th project reached 67% through August 31, 2012. The dredging of the Pacific and Atlantic entrances and of the Gatun Lake are advancing as scheduled with progress reaching 92%, 98%, and 76% respectively.
 
The locks design and construction has reached 31%. The locks gates are being fabricated in Italy and the first four gates should be shipped to Panama during the first quarter of 2013. The last four gates should be in Panama in the first quarter of 2014. Concurrently the valves are being fabricated in Korea and delivery of valve components to Panama has been ongoing for some time now and are being incorporated into the lock structure. The contractor is expected to complete the main lock structure and begin precommissioning tests in the dry during the first quarter of 2014, with flooding of the locks and final commissioning then planned to start in September 2014.
 
The Panama Canal Authority is closely monitoring progress on every component of the Expansion Program to guarantee that contractors comply with the quality required by each contract.


 

Maritime Today


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

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

Dredging

New Dredger for North Carolina’s Coastal Waterways

The North Carolina Department of Transportation recently took delivery of a new, fully customized cutter suction dredge, which it christened the Dredge Manteo in a ceremony held April 28,

Boskalis Awarded Aberdeen Offshore Wind Farm Contract

Royal Boskalis Westminster N.V. (Boskalis) has been awarded the Offshore Balance of Plant contract by Vattenfall for the construction of Aberdeen Offshore Wind Farm,

Great Lakes Dredging Awards Announced

Great Lakes Dredge & Dock Corporation announced that it was recently awarded four contracts with an approximate value of $93 million. Great Lakes received two

News

U.S. Awards $61.8 Mln for Port Projects

U.S. Transportation Secretary Anthony Fox today announced 40 awards totaling nearly $500 million in funding for the  FY 2016 Transportation Investment Generating Economic Recovery (TIGER) grants.

DP World takes over Rodney Container Terminal, Canada

DP World has signed a long-term lease agreement for the expansion and operation of the multi-purpose Rodney Container Terminal at Saint John, New Brunswick, Canada.

MED AMERICAS will Replace MGE Service

CMA CGM is revamping it MGE service becoming the MED AMERICAS, stand-alone CMA CGM service with dedicated fleet of 11 vessels of 2,500 TEU, in a continuous effort to improve service coverage,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Salvage Ship Electronics Ship Repair 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: 0.1099 sec (9 req/sec)