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 June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Gondan to Build Spanish Patrol Boats

Gondan Shipyard has recently signed a contract with the Guardia Civil, Spain’s Civil Guard, for the building of two patrol boats. The aluminum and fiber (PRFV ) vessels will measure 20.

New Australian Navy Submarines to be Japan Built?

Australia should discuss building its next-generation fleet of submarines overseas, the Department of Defence said on Monday, a shift that could open the door to

Russian Navy Expansion Gathers Momentum

The Russian Navy celebrates its professional holiday by putting two new submarines into service and expects a new warship in the fall and several additional ships

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Pipelines Ship Repair Ship Simulators 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: 0.1419 sec (7 req/sec)