Consortium Threatens to Halt Panama Canal Expansion

The consortium carrying out a historic expansion of the Panama Canal says it may have to suspend work due to the financial problems, according to foxnews.com.

Led by Spain’s Sacyr Vallehermoso, the consortium, which also includes Impregilo of Italy, Jan De Nul Group and Panama’s Constructora Urbana, is claiming $1.6 billion (1.16 billion euros).

The project is nine months behind schedule and is now due for completion in June 2015, reports euronews.com.

Dredging Today Staff, January 2, 2014

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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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