Bids Submitted for Panama Canal Dredging

Tuesday, June 01, 2010

Six companies submitted bids June 1 to dredge an area of the Panama Canal’s manmade body of water, Gatun Lake. The ACP will now analyze the technical and financial submissions and award the contract to the firm with the lowest-priced bid that meets the requirements stated in the request for proposal.

The primary element within the scope of work for this contract is to widen and deepen the existing navigational channel by dredging approximately 4.6 million cubic meters in the northern most reaches of the Lake. This contract is one component within the ACP’s Fresh Water Dredging and Excavation Project for the Canal Expansion, which includes the dredging and/or excavation of about 30 million cubic meters in Gatun Lake and the Gaillard Cut (the narrowest stretch of the Panama Canal).

The ACP will do most of the 30 million cubic meters of dredging and excavation within the Fresh Water Dredging and Excavation Project using its own resources, while contracting portions of the project, such as the area included in this contract in Gatun Lake. The ACP has also published another tender for the excavation and dredging of about 3.8 million cubic meters near the Gaillard Cut at the entrance of the new Pacific Locks Access Channel. The ACP expects to receive bids for this contract July 16, 2010.
 
Gatun Lake spans 163 square miles and is essential to the operation of the Canal. At the time of its creation in 1910, during the Canal’s original construction, Gatun Lake was the largest manmade lake in the world.

Over the course of the coming days, the ACP will review the documents submitted to verify the company’s experience, technical capacity, financial strength and bonding before awarding the contract.

Below are the companies that submitted bids and the corresponding bid prices in U.S. dollars.

COMPANY    BID PRICE
Dredging International    $ 39,983,822.82
China Harbour Engineering Company (CHEC)    $ 67,377,423.00
Boskalis International    $ 85,500,207.49
Great Lakes Dredge & Dock    $ 72,392,354.34
Van Oord    $ 97,998.256.97
Jan De Nul    $ 57,856,939.00

Maritime Reporter October 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Brent Holds Above $97, Eyes Worst Quarter Since 2012

Brent crude futures hovered above $97 a barrel on Tuesday, aided by firm U.S. and Chinese data, but the oil benchmark was on track for its deepest quarterly drop

MAN Propulsion Packages for New Icelandic Trawlers

MAN Diesel and Turbo inform that Icelandic owners, HB Grandi, Vinnslustodin hf. and Hradfrystihusid Gunnvör, have ordered newbuildings based on two different ship

IRPT, Community College MoA on Maritime Training

The Inland Rivers, Ports and Terminals (IRPT) Trade Association announced today that it has entered into a memorandum of understanding with Lewis & Clark Community

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Ship Electronics Ship Repair Sonar 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: 0.1000 sec (10 req/sec)