More Test Trials Through the Expanded Panama Canal
- Business & Finance
The Panama Canal Authority (ACP) has conducted another successful trial transit in the Expanded Canal.
The transiting vessel, a U.S.-built crane ship named the Oceanus, was maneuvered through the Pacific-facing Cocoli Locks by Panama Canal Pilots Fernando Jaén and Ricardo Varela.
The Inauguration of the Expanded Panama Canal will take place on Sunday, June 26 with the first commercial transit of the COSCO Shipping Panama.
Once inaugurated the Expanded Canal will double the waterway’s cargo capacity, enhancing the canal’s efficiency, reliability and customer service.
The new waterway will provide greater economies of scale to global commerce as Neopanamax ships will be able to transit.