Search results for: Panama Canal

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  • 1 January 2015
    Business & Finance, Equipment, Technology

    The Panama Canal yesterday celebrated its 15 year anniversary under the leadership of the Panamanian Administration. During this period, the Panama Canal Authority (ACP) has proven its ability to efficiently operate the waterway, while providing a crucial service to global maritime trade and contributing to Panama’s development.   A Cutting-Edge Canal Since 1999, the Canal […]

  • 15 August 2013
    Business & Finance

    The Panama Canal Authority (ACP) begins today the countdown for the centennial celebration as it commemorates its 99th anniversary. The countdown’s events will highlight the waterway’s contribution during the past 100 years and the efforts underway to face the challenges of the upcoming decades. The countdown began with the presentation of the Panama Canal Centennial […]

  • 31 December 2014
    Business & Finance, Equipment, Technology

    The Panama Canal Board of Directors this week formally approved the development and construction of a transshipment port in Panama’s Corozal region. Upon completion, the port will have the capacity to handle more than five million TEUs within a 120-hectare area at the Canal’s entrance to the Pacific. The project is now awaiting the final […]

  • 30 May 2014
    Business & Finance, Equipment, Technology, Vessels

    The Panama Canal Authority (ACP) will charter a Post-Panamax vessel before the opening of the expanded Canal to be used for training purposes in the Third Set of Locks. The Executive Vice President of Operations Esteban Saenz said that the Panama Canal will charter a Post-Panamax ship to train pilots and tugboat captains that will assist in […]

  • 24 February 2016
    Business & Finance, Equipment, Technology

    The largest infrastructure project since the waterway’s original construction, the Panama Canal Expansion Program, is now 96 percent complete. The Pacific access channel is 99 percent complete and the third set of locks is now 95 percent complete. When fully complete, the new set of locks will double the capacity of the Panama Canal, creating […]

  • 27 January 2015
    Business & Finance, Project & Tenders

    Dredging is a daily activity at the Panama Canal ensuring the safe passage of ships through the waterway. Also, dredging plays major role in the Panama Canal Expansion Program, the largest project at the Canal since its original construction.  The Panama Canal Expansion began on September 2007 at a total cost of $5.2 billion. The project will create a new […]

  • 23 July 2013
    Business & Finance

    According to the latest AmericasBarometer survey, the Panama Canal Authority is considered one of the most trusted institutions in Panama. The survey is coordinated by Vanderbilt University in Nashville, Tennessee with the support of the United States Agency for International Development (USAID). The Panama Canal has a 69.8% trust index, right below the Catholic and […]

  • 17 February 2016
    Business & Finance, Project & Tenders

    With only few months left till the official opening of the expanded Panama Canal, the ACP (Panama Canal Authority) and Grupo Unidos por el Canal (GUPC) have just released their latest video on the expansion project. Panama Canal Expansion Project, also called the ‘Third Set of Locks Project‘, is the largest infrastructure project since the waterway’s original construction. When fully complete, […]

  • 25 August 2010

    Panama Canal Authority (ACP) which operates and maintains the Panama Canal recently unveiled a model of the D’Artagnan dredger during a ceremony at the Panama Canal’s Miraflores Visitors’ Center. The D’Artagnan will be the most powerful self-propelled heavy duty cutter suction dredger in the world, with its special design for cutting rocks and sand dredging. […]

  • 16 August 2016
    Business & Finance

    The Panama Canal celebrated yesterday 102 years of successful operations and service to the global maritime community, just one day after welcoming its 100th transit through the expanded waterway. Less than two months following the Expanded Canal’s historic June 26 Inauguration, the Neopanamax vessel Hanjin Xiamen became the 100th vessel to transit the new locks, […]

  • 18 May 2015
    Business & Finance

    The largest infrastructure project since the waterway’s original construction, the Panama Canal Expansion Program will create a new lane of traffic along the Canal through the construction of a new set of locks, doubling the waterway’s capacity. The new locks will have three chambers, water-saving basins, lateral filling and emptying system & rolling gates. The […]

  • 18 April 2016
    Business & Finance, Project & Tenders

    In little over two months’ time, the Inauguration Ceremony of the new Panama Canal will mark the completion of the largest infrastructure undertaking in the waterway since the original canal construction back in 1914. The official opening ceremony of the expanded canal will take place on Sunday, June 26th 2016, reports the Panama Canal Authority (ACP). The project was initially set […]

  • 11 October 2016
    Business & Finance, Project & Tenders

    The Panama Canal Authority (ACP) has issued a Request For Proposals (RFP) to the four pre-qualified port operators selected to compete for the concession to design, develop, finance, construct, operate and maintain a container terminal located near Corozal, in the Pacific entrance of the Panama Canal. As part of the Panama Canal Diversification Strategy, the […]

  • 6 May 2013
    Business & Finance

    The Panama Canal has been nominated for the 2013 Prince of Asturias Award under the International Cooperation category in recognition of its service to the maritime industry, international trade and being a symbol of peaceful understanding between countries. “This nomination makes all Panamanians proud because of the significance of the Canal to the world and […]

  • 16 May 2013
    Business & Finance

    Maersk Line CEO Søren Skou visited the Panama Expansion construction site accompanied by Panama Canal Administrator Jorge L. Quijano during his recent trip to Panama. Skou and other Maersk Line executives had the opportunity to see the construction site of the new locks in the Atlantic side, which will allow the transit of Post-Panamax vessels […]

  • 12 December 2013
    Business & Finance, Equipment, Technology

    The Panama Canal commemorated 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 […]

  • 8 April 2015
    Business & Finance, Equipment, Technology

    The Panama Canal Expansion is the largest project at the Canal since its original construction. The project will create a new lane of traffic along the Canal through the construction of a new set of locks, doubling the waterway’s capacity. The existing locks allow the passage of vessels that can carry up to 5,000 TEUs. […]

  • 10 September 2010
    Vessels

    On Monday, September 6, Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta, and his wife Ana Matilde Alemán launched the QUIBIÁN I, a new cutter suction dredge custom-built by IHC Beaver Dredgers for the Panama Canal expansion. The QUIBIÁN I, named after a 15th century indigenous Panamanian leader whose name signifies resolution and unity, is […]

  • 31 October 2011

    CEO of the Panama Canal Authority, Alberto Alemán Zubieta, receives the Latin Trade BRAVO Business Award for Distinguished Service in the Hemisphere on October 28. With nine categories, including a Lifetime Achievement Award and Dynamic CEO of the Year, the BRAVO Business Awards are given to those playing a key role in improving Latin America’s […]

  • 3 June 2014

    Coral Morphologic divers are collecting corals and transplanting them in an aquaculture lab to save them of destruction during the Panama Canal widening project. The Panama Canal expansion project is intended to double the capacity of the Panama Canal by 2015 by creating a new lane of traffic and allowing more and larger ships to […]

  • 11 October 2012

    The Panama Canal set a mark in its history as it reached a new tonnage record of 333.7 million Panama Canal tons (PC/UMS) during fiscal year 2012 which concluded on September 30. This achievement highlights the value of Panama and its significance as a link in the chain of global trade. “This milestone attests to […]

  • 5 September 2013
    Business & Finance

    As part of the preparations for the expanded Panama Canal, the Board of Inspectors of the Panama Canal Authority (ACP) has certified 12 new tugboat captains after successfully completing training. This is the fourth group of the program which started in 2008 and has certified 47 tugboat captains. This represents 50% of the goal set […]

  • 26 July 2013
    Business & Finance

    The Panama Canal Expansion is moving forward to achieve its goal of enhancing the waterway’s capacity in order to provide a better service to customers. To date, the Program registers a 60.4% progress. “The Panama Canal Expansion will enhance the value of the Panama route,” Panama Canal Administrator Jorge L. Quijano said. “We are focused […]

  • 8 October 2014
    Business & Finance, Equipment, Technology

    The 100 years of the Panama Canal will be featured in the 2014 American Society of Civil Engineers (ASCE) Global Engineering Conference held in Panama City, Panama. This year’s conference hosts approximately 1,000 professionals in the field of engineering worldwide. The conference commenced yesterday with Panama Canal Administrator Jorge L. Quijano’s opening keynote address, providing […]

  • 22 January 2013
    Business & Finance

    Antwerp Port Authority and Panama Canal Authority (ACP) have reconfirmed their collaboration agreement. The purpose of the agreement is to promote trade between the port of Antwerp and the West Coast of South America via the Panama Canal. In view of the positive evaluation of the first agreement, made in 2010, the new agreement will […]

  • 13 March 2013
    Business & Finance

    The President of the Inter-American Development Bank (IDB), Luis Alberto Moreno, visited the construction site of the new locks in Colon province, in the Atlantic, where he observed the progress Panama Canal Expansion works. Moreno, accompanied by IDB delegates, is in Panama to participate in the Fifty-Fourth Annual Meeting of the Board of Governors which […]