First Woman Deputy Administrator at Panama Canal
Ilya Espino de Marotta, who played a lead role in the expansions of the Panama Canal took office on January 1 as the first woman deputy administrator of the waterway.She was chosen by the board of directors of the Panama Canal Authority to replace Manuel Benítez, who retired on December 31, 2019.Mrs. Espino de Marotta began her career at the Canal in 1985 as the sole female engineer at its shipyard. She now works alongside more than 1,000 women and recently served as the…
Panama Canal Appoints New Administrator
The Panama Canal Board of Directors announced the appointment of Ricaurte Vasquez as the next Panama Canal Administrator.According to a press note from the artificial 82 km waterway in Panama that connects the Atlantic Ocean with the Pacific Ocean, Vasquez will take office on September 4, 2019, succeeding current Administrator Jorge L. Quijano, who concludes his seven-year term at the helm of the waterway.The decision was made by the Board of Directors in accordance to an independent…
COSCO's Vessel Departs Greece for Inaugural Transit through Extended Panama
The container vessel COSCO Shipping Panama set sail from the Greek Port of Piraeus today on its way to Panama to make history. The Neopanamax vessel will make the inaugural transit of the Expanded Panama Canal on Sunday, June 26, after a 14-day journey. Panama Canal Administrator Jorge L. Quijano met with COSCO Shipping Panama’s Captain Jude Rodrigues and crew members prior to the ship’s departure. “I am very excited to be here today to witness the sailing of the ship from Greece, but also meet the Captain and his crew,” said Administrator Quijano.
Financial Institutions Visit Panama Canal
The five international financial institutions partially financing the Panama Canal Expansion Program traveled to Panama earlier this week to see the 96.6 percent progress made thus far. During their three-day visit to the Canal, representatives were guided through the Agua Clara and Cocoli locks, as well as the fourth phase of the Pacific Access Channel (PAC-4). They also toured the Canal’s training centers: the Center for Simulation, Research and Maritime Development (SIDMAR) and the new Scale Model Maneuvering Training Facility…
Sill Reinforcements Complete in New Panama Canal Locks
The Panama Canal Authority (ACP) announced that sill reinforcements in the new locks have been completed this week, bringing the Panama Canal Expansion closer to inauguration. The filling of the Pacific-facing Cocoli Locks has already begun, and the filling of the Atlantic-facing Agua Clara Locks began today. The Panama Canal is building the expanded Canal for the long haul, which is why quality and testing are critical. Once the locks are filled, the sills will undergo a rigorous testing process to ensure their integrity and proper function. “Every day, we move closer to completion,” said Panama Canal Administrator and CEO, Jorge L. Quijano. Less than four percent remains to complete the Panama Canal Expansion Program, which is expected to be inaugurated in the second quarter of 2016.
Panama Canal Sill Reinforcement to Complete in January
The Panama Canal Authority (ACP) said it has received word from Grupo Unidos por el Canal, S.A. (GUPC), the main contractor for the design and construction of the Third Set of Locks project, that work to reinforce the sills in the new locks will be completed in January 2016. GUPC informed the ACP of the deadline during a meeting Thursday, November 28, to discuss the progress being made on the reinforcements work. As part of its remaining work, GUPC will continue conducting inspections and reinforcements of each individual sill. Afterward, GUPC plans to continue the electromechanical testing on the filling and emptying systems of the new locks. The ACP was also informed by GUPC that they have not yet identified a date for the completion of the new locks project.
Panama Canal Expansion Nears Completion
Today, the Panama Canal has taken yet another step forward toward the completion of the Canal Expansion Program as it begins to fill the Cocoli’s locks, on the Pacific side, following a similar and successful endeavor on the Atlantic side earlier this month. This important step marks the start of a deliberate and methodical phase of compliance and operational testing for the project. “Earlier this month, we reached one of the most important milestones of the program through the filling work of the Atlantic locks…
Panama Council Approves New Canal Tolls
The Cabinet Council of the Republic of Panama has officially approved a proposal to modify the Canal tolls structure, following a recommendation from the Panama Canal Authority (ACP) Board of Directors. The accepted proposal—which modifies the pricing structure for most Canal segments—will better facilitate the Canal’s goal of providing outstanding service and reliability to the global shipping and maritime community while allowing the ACP to safeguard the competitiveness of the waterway.
Eaton Wins Panama Canal Contract
Power management company Eaton has been awarded an additional $5.2-million contract to provide critical installation services for the Panama Canal Expansion Program. Eaton’s contract was awarded by Grupo Unidos por el Canal, SA (GUPC), the contractor responsible for the design and construction of the third set of locks of the expansion program under contract to the Panama Canal Authority. The expansion project is expected to be completed by the end of 2015 and operational in early 2016.
First Gate Installed in Panama Canal’s New Pacific Locks
The first gate for the Panama Canal’s new locks in the Pacific side was installed earlier today after being carried to its final destination on self-propelled motorized wheel transporters (SPMTs) with more than 400 wheels each, the Panama Canal Authority (ACP) reported. The installation marks another milestone for the canal’s expansion program, which is now 85 percent complete overall. “Today’s installation marks an important step towards the completion of the Expansion Program,” said Panama Canal Administrator/CEO Jorge L. Quijano.
Panama Canal Inks Deal with Lake Charles Port
The Panama Canal Authority (ACP) signed a cooperation agreement with the Port of Lake Charles in Louisiana earlier this week, which aims to attract new customers from the liquefied natural gas (LNG) industry; a strategy that builds upon the advantages that the expanded Canal will offer. Currently, LNG vessels cannot transit through the waterway due to their beam dimensions, which are too wide to fit the existing locks. The agreement will promote cooperation in marketing activities…
ACP Signs Pact with Lake Charles Port
Agreement meant to capitalize Canal expansion while attracting new LNG customers. The Panama Canal Authority (ACP) signed a cooperation agreement with the Port of Lake Charles in Louisiana earlier this week, which aims to attract new customers from the liquefied natural gas (LNG) industry; a strategy that builds upon the advantages that the expanded Canal will offer. Currently, LNG vessels cannot transit through the waterway due to their beam dimensions, which are too wide to fit the existing locks.
Atlantic Rolling Gate Installed at Panama Canal
The Panama Canal Expansion Program’s electro-mechanical installation phase has begun with the installation of the first steel rolling gate at the Atlantic side. "This year, the Expansion Program completed several milestones towards the completion of the project," said Panama Canal Administrator Jorge L. Quijano. "I am proud of the progress we have made on this project and the uninterrupted service we have provided to global shipping for 100 years. With the arrival of the last…
Rolling Gates Installation at Panama Canal
In another major milestone for the Panama Canal Expansion Program, the electromechanical installation phase, one of the most important of the project, has begun with the installation of the first steel rolling gate at the Atlantic side. “This year, the Expansion Program completed several milestones towards the completion of the project,” said Panama Canal Administrator Jorge L. Quijano. “I am proud of the progress we have made on this project and the uninterrupted service we have provided to global shipping for 100 years.
Gate Installation Begins at Panama Canal Expansion
The installation of the gates for the new locks of the Panama Canal began today on the Atlantic side of the waterway, the Panama Canal Authority (ACP) reported. “This is a very important milestone for the Expansion Program,” said Panama Canal Administrator Jorge L. Quijano. The gate will be located in lock head two in the new locks on the Atlantic side. The installation of the gate began early in the morning and is expected to be completed in the next couple of days. The steel gates are moved using self-propelled motorized wheel transporters (SPMTs) with more than 400 wheels each.
Panama Canal: New Lock Gates Transferred to Atlantic Side
ACP informs that the Panama Canal Expansion has reached another important milestone with the transfer of the first gates to the new locks complex in the Atlantic side. "This is a very important operation because it involved the first movement of the gates from the special dock where they were unloaded to the lower chamber of the new locks," said Panama Canal Authority (ACP) Administrator Jorge L. Quijano. The Administrator explained that the process was carried out following rigorous safety measures to ensure that the more than 3…
Panama Canal Expansion Moving Forward
After the arrival of the second set of rolling gates, the Panama Canal Expansion keeps moving forward reaching a new milestone at the Pacific side with the pouring of more than two million cubic meters of concrete, the Panama Canal Authority (ACP) reported. "This is another milestone that shows the progress of various components of the Canal Expansion Project," said the Administrator of the ACP, Jorge Luis Quijano. The pouring mark of more than 2 million meters of concrete was reached this month in one of the monoliths that is on the west wall of the middle lock chamber.
2nd Shipment Of Gates Arrive At Panama Canal
In another step forward for the Panama Canal Expansion Program, the second shipment of four rolling gates for the Third Set of Locks arrived today from port of Trieste, Italy to the waterway's Atlantic side on board the semi-submersible heavy lift vessel Sun Rise. "This is another milestone as it completes half of the 16 gates that will be used in the new locks", said the administrator of the Panama Canal Authority, Jorge Luis Quijano. Following a nearly one-month long journey…
Panama Canal Expansion: More Lock Gates Arrive
The Panama Canal Authority (ACP) informs that the second shipment of four rolling gates for the Third Set of Locks to the waterway's Atlantic side has arrived from the Port of Trieste, Italy, on board the semi-submersible vessel 'STX Sun Rise'. “This is another milestone as it completes half of the 16 gates that will be used in the new locks”, said the administrator of the Panama Canal Authority, Jorge Luis Quijano. Differing from the first shipment, these gates have two different dimensions, according to their final position in the lock chambers.
Multilateral Institutions Visit Panama Canal Expansion
Representatives from the multilateral institutions financing the Panama Canal Expansion Program visited today the new locks project construction in the Pacific side as part of their regularly scheduled visits. Experts from the Inter-American Development Bank (IDB), the European Investment Bank (EIB), Japan Bank for International Cooperation (JBIC), International Financing Corporation (IFC) and the Andean Development Corporation (CAF) participated in meetings for two days and visited the Expansion Program construction site. ACP executives made a comprehensive presentation of the current status of the project, including details of the work stoppage by Grupo Unidos por el Canal, S.A. (GUPC), the new locks project contractor.
ACP: Contractor’s Intent to Suspend Work Lacks Merit
After analyzing the letter received on December 30, 2013 by the new locks contractor Grupo Unidos por el Canal, S.A. (GUPC), which was made public on January 1 by GUPC, the Panama Canal Authority (ACP) determined that it is not valid and that the arguments raised by the contractor in the note lack legal basis and are not clear. Therefore, it does not give any reasons for the contractor to suspend the work. In a letter, the ACP reminded the contractor that on December 13, 2013…
Panama Canal Commemorates 14 Years Under Panamanian Administration
On the countdown to its centennial in 2014, the Panama Canal celebrates 14 years under Panamanian administration, characterized by its enhanced service to world maritime trade. "The Panama Canal has strengthened its role in international trade, while contributing to the country’s development,” said Panama Canal Administrator Jorge L. Quijano. The Panamanian management model has enabled the efficient and safe operation of the Canal, allowing it to offer a world-class service. Under Panamanian administration…
100 Years of Dredging Culebra Cut
The Panama Canal commemorates 100 years of dredging Culebra Cut, removing the last barrier during its construction for the free movement of vessels along the 80-kilometer waterway. Following the calendar of activities in the countdown to the centennial, the Panama Canal highlighted the significant role played by dredging to ensure the safe navigation through the waterway, even before its opening 100 years ago. "Dredging is key to ensure the safe and efficient navigation through the Panama Canal on its nearly 100 years of operation," said Panama Canal Administrator Jorge L.