GUPC Files Breach of Contract Against ACP (Panama)

GUPC Claims ACP for Breach of Contract

The GUPC Consortium is claiming $573 million from the Panama Canal Authority for breach of contract, reports newsroompanama.com.

Ricardo Gonzalez, the Project Manager, said: “We’re not asking for anything more or less.”

Alemán Zubieta, the Chief Executive Officer of the Panama Canal Authority, stated that complaints are normal when the contractor faces different conditions and added: “They have their arguments and we have ours.”

According to newsroompanama.com, the GUPC was awarded the contract for design and construction of the third set of locks for $3.18 billion.

The project is six months behind the schedule.

Dredging Today Staff, August 14, 2012; Image: pancanal

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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