Search results for: Panama Canal

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  • 19 May 2015
    Business & Finance, Equipment, Technology

    Sacyr Vallehermoso, S.A., a Spanish construction company based in Madrid, has released a video about the Panama Canal Expansion Project. Sacyr is part of Grupo Unidos por el Canal, S.A. (GUPC), the main contractor responsible for the design and construction of the Panama Canal’s third set of locks. The consortium includes Italy’s Impregilo, Belgian Jan […]

  • 15 August 2014
    Business & Finance, Equipment, Technology

    The Panama Canal is celebrating a century of operations connecting the world, committed to completing its Expansion, the largest infrastructure project of the waterway since its opening. “Going forward, the Panama Canal will continue to connect the world, supported by all the modernization efforts since its construction,” said Panama Canal Administrator Jorge L. Quijano. “The Expansion […]

  • 24 March 2016
    Business & Finance, Project & Tenders

    The Panama Canal Authority (ACP) announced yesterday that the Panama Canal Expansion will be officially inaugurated on Sunday, June 26, 2016. The announcement was made during the inauguration ceremony of the Canal’s state-of-the-art Scale Model Maneuvering Training Facility. The President of Panama, Juan Carlos Verela, was in attendance at the inauguration ceremony, along with the Panama […]

  • 13 June 2016
    Business & Finance

    The container vessel COSCO Shipping Panama is now on its way to Panama to make history – the inaugural transit of the Expanded Panama Canal on Sunday, June 26. During the inauguration, COSCO Shipping Panama will transit Agua Clara Locks on the Atlantic side during the early morning and Cocoli Locks in the afternoon. The regular schedule […]

  • 2 January 2013
    Business & Finance

    The Panama Canal celebrates 13 years under Panamanian administration. During this period, the Canal has strengthened its role in international commerce as a result of investment in the modernization of its infrastructure, its expansion and an alliance with its natural surroundings. “The Panama Canal reaffirms its relevance in international commerce more than ever as a […]

  • 21 August 2013
    Business & Finance, Equipment, Technology

    In a major milestone for the Panama Canal Expansion Program, the first four gates for the new locks arrived from port of Trieste, Italy to the waterway’s Atlantic side on board the semi-submersible vessel STX Sun Rise this morning. “This is an exciting moment for the Panama Canal – the arrival of the new gates […]

  • 31 March 2014
    Business & Finance, Equipment, Technology

    The Panama Canal Authority has recently adopted CARIS Bathy DataBASE for the storing and management of the Canal’s bathymetric information. The waterway’s heavy traffic and expansion operations called for a robust and efficient method to manage survey data. The implementation of Bathy DataBASE will also contribute to the constant monitoring of navigation channel conditions, as […]

  • 20 October 2011

    Panama President Ricardo Martinelli witnessed a new milestone at the Canal Expansion with the filling of a segment of the new access channel that will allow the transit of Post-panamax vessels between the new Locks and the Culebra Cut. Panama Canal Authority Board of Directors Chairman and Canal Affairs Minister Rómulo Roux and Panama Canal […]

  • 21 December 2011

    The Panama Canal Authority (ACP) announced yesterday a partnership with the American Society of Civil Engineers (ASCE) to co-host next year’s first-ever PANAMA CANAL 2012 International Engineering and Infrastructure Congress. It will be held April 18-20 in Panama City, Panama. ACP and ASCE are convening this Congress to share best practices and detailed, practical, hands-on […]

  • 21 June 2016
    Business & Finance, Project & Tenders

    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 […]

  • 21 July 2015
    Business & Finance, Project & Tenders

    The latest update for the largest infrastructure project since the waterway’s original construction, the Panama Canal Expansion Program, has been just released. The massive Expansion Program will create a new lane of traffic along the Canal through the construction of a new set of locks, increasing the waterway’s capacity. The new locks will have three chambers, […]

  • 8 March 2013
    Business & Finance

    For the third consecutive year, the Panama Canal Authority (ACP) was recognized by the Ethisphere Institute as one of the World’s Most Ethical Companies. According to the Ethisphere, this recognition highlights companies that outperform industry peers by embracing ethical business practices and demonstrating industry leadership. “The Panama Canal is honored to receive this award. We […]

  • 20 May 2016
    Business & Finance, Project & Tenders

    The Panama Canal Authority (ACP) has just released the latest video from the Panama Canal Expansion project. Taken just a few days ago, the picture shows panoramic view of the new Cocoli Locks on the Pacific side. The official opening ceremony of the expanded canal will take place on Sunday, June 26th 2016. According to the ACP, the […]

  • 21 April 2015
    Business & Finance, Equipment, Technology

    The Panama Canal Expansion Project, nearing its completion, is based on six years of research, which included more than 100 studies on the economic feasibility, market demand, environmental impact and other technical engineering aspects. To date, the Expansion Program is 88 percent complete. After the expansion, the Post-Panamax vessels will be able to transit through […]

  • 1 November 2011

    Another milestone agreement has been reached between the Panama Canal Authority and the Port of Miami – Administrator and CEO of the Panama Canal Authority (ACP), Alberto Alemán Zubieta, and Port of Miami Director, Bill Johnson, have renewed a Memorandum of Understanding (MOU) to promote trade opportunities and share best customer practices. Prior to signing […]

  • 31 December 2013
    Business & Finance, Equipment, Technology

    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 […]

  • 19 May 2014
    Business & Finance, Equipment, Technology

    The Panama Canal Authority (ACP) reports that the ship Sun Rise, with four new gates for the Third Set of Locks, has sailed for Panama from Trieste, Italy. The ship is expected to arrive to Panama in mid-June, depending on weather conditions. “This is another important milestone towards the completion of a project that will […]

  • 7 June 2012

    The Panama Canal is meeting this week with top clients, government officials, and maritime authorities in China, Japan, and South Korea to reaffirm its relationship with customers and explain the impact of the Panama Canal expansion program in Asia. “We always keep a close communication with our customers and this is a new opportunity to […]

  • 27 June 2016
    Business & Finance

    The Governor of Georgia, Nathan Deal, today called the expansion of the Panama Canal an “historic moment” as the first vessels began transiting the canal’s massive new locks Sunday. A delegation of Georgia officials, led by Georgia Ports Authority chairman Jimmy Allgood, traveled to the opening ceremony in Panama. “The completion of the Panama Canal […]

  • 19 September 2012
    Business & Finance

    The Halifax Port Authority has signed a Memorandum of Understanding with the Panama Canal Authority. The Port of Halifax is the first port in Canada to sign an MOU with the Panama Canal Authority. The purpose of the Memorandum of Understanding is to identify business opportunities, increase awareness of the ports, exchange information, and undertake […]

  • 4 January 2011

    The Panama Canal Authority (ACP) says it expects vessel traffic to rise in 2011, according to media reports. The Panama Canal expansion … (bairdmaritime) [mappress] Source: bairdmaritime, January 4, 2011;

  • 1 October 2013
    Business & Finance, Equipment, Technology

    The Panama Canal expansion project will double the capacity of the Panama Canal by 2015 by creating a new lane of traffic and allowing more and larger ships to transit. This one-minute animation shows how the expanded Panama Canal will operate. The Expansion Program consists of two new sets of locks, one in the Pacific […]

  • 19 December 2014
    Business & Finance, Equipment, Technology

    Panama Canal Expansion, the largest project at the Canal since its original construction, will create a new lane of traffic along the Canal through the construction of a new set of locks, doubling the waterway’s capacity. To offer an enhanced service to the maritime industry, the Panama Canal is working on yet another development project. The […]

  • 19 June 2012

    A new milestone was reached at the Panama Canal, after completing the construction of the first monolith for the new locks on the Pacific end of the Panama Canal. This monolith is the first one to be completed from a total of 46 such structures being built in the Pacific locks upper chamber. The term […]

  • 7 September 2013
    Business & Finance, Equipment, Technology

    The Panama Canal Authority (ACP) has met with the Japanese Shipowners Association (JSA) and several car manufacturers in Japan, as part of the ongoing discussions with the vehicle carrier segment on the Expansion Program’s progress and future toll structure upon its completion. During the meetings, the Panama Canal provided an update on the Expansion Program […]

  • 20 November 2013
    Business & Finance

    Yesterday in Panama City, Vice President Biden and President Martinelli discussed ways to strengthen U.S.-Panama economic cooperation in the context of global commerce and competitiveness. Panama is the fastest growing economy in the region, expanding 10.7 percent in 2012. Panama’s largest trading partner is the United States – accounting for approximately 23 percent of all […]