Search results for: Panama Canal

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

    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. The program consists of the construction of two new sets of locks – one on the Pacific and one on the Atlantic side of the […]

  • 18 September 2015
    Business & Finance

    The largest infrastructure project since the waterway’s original construction, the Panama Canal Expansion Program, will soon become a reality. With the project 93% completed, the Panama Canal Expansion has reached its final stretch. The massive Expansion Program will create a new lane of traffic along the Canal through the construction of a new set of locks, increasing […]

  • 22 August 2012

    To commemorate its 98 anniversary, the Panama Canal announced significant enhancements to Miraflores Locks Visitors Center (CVM) with the first 3D film of the Canal. In addition, a new Observation Center with a view to the expansion work on the Atlantic side of the Canal in the province of Colon, was recently inaugurated. New 3D […]

  • 11 September 2013
    Business & Finance

    The Panama Canal Expansion Program has made a significant stride forward as it reached 3 million cubic meters of concrete poured in the construction of the new lock complexes for the Expansion Program. “This signals the progress of the construction of the new locks, which is the most important project of the Expansion Program,” Panama […]

  • 9 September 2016
    Business & Finance

    The WEDA Central America Chapter (formerly known as the Panama Chapter) will hold its 2016 Annual Meeting on September 13-15 at the Hilton Downtown in Panama City, Panama. The event, held in partnership with the Panama Canal Authority, Panama Ports Company and the Organization of American States, will serve as a premiere forum where dredging contractors […]

  • 22 December 2015
    Business & Finance

    The Panama Canal Authority (ACP) has announced that the Panama Canal Expansion project is now 96 percent complete. In line with this, ACP CEO/Administrator Jorge L. Quijano provided a next-step update at an industry event held last Friday in Panama City. “We are very close—only four percent remains to complete the project,” Quijano said. “An expansion […]

  • 28 May 2015
    Business & Finance, Equipment, Technology

    PSA Panama International Terminal (PSA Panama) held a groundbreaking ceremony two days ago to commemorate the expansion works for Phase 2 of its container terminal located on the west bank of the Panama Canal. The ceremony was graced by the President of Panama His Excellency Juan Carlos Varela, Mr Jorge Barakat, Administrator of the Panama Maritime Authority (AMP) and […]

  • 11 January 2016
    Business & Finance, Project & Tenders

    The Panama Canal Expansion works, the largest since the canal original construction, have reached near completion, with only four percent left to be completed.  In late December, the plug separating Culebra Cut from the new Pacific Access Channel was finally removed. The blasting that was performed on Thursday, 24 December, cleared the way for Panama Canal Dredging Division […]

  • 19 October 2015
    Business & Finance, Project & Tenders

    Seven years had passed since the inauguration of the Panama Canal Expansion Program and the project continues forward at full speed.  The countdown for the completion of the expansion is on where every component, every cubic meter of excavated and dredged rock bring this mega-project closer to the launch phase. Works on the Panama Canal Expansion, […]

  • 18 November 2015
    Business & Finance

    Panama Canal has just released its latest video about the waterway expansion project for November 2015. 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, increasing the waterway’s capacity. The new locks […]

  • 29 April 2015
    Business & Finance, Project & Tenders

    The Panama Canal Authority (ACP) has announced a key milestone in the Expansion Program, with the installation of the sixteenth and final gate for the new locks on the Pacific side of the Canal. The installation process began yesterday, April 28, at 12:00 PM (Panama Time) on the south end of the Canal’s Pacific locks, […]

  • 17 January 2013

    The Panama Canal Expansion Program has achieved yet another important milestone with the arrival of the first shipment of valves that will be used for the operation of the Third Set of Locks. The valves where built in South Korea by Hyundai Samho Heavy Industries. “This marks a new milestone for the Panama Canal expansion […]

  • 11 March 2012

    The Panama Canal Authority (ACP) Board of Directors announced the appointment of engineer Jorge Luis Quijano as the new Panama Canal Administrator. Mr. Quijano will succeed Alberto Alemán Zubieta, who has been at the helm of the Canal for the past 16 years and whose term will end on September 3, 2012. “We are proud […]

  • 20 October 2015
    Business & Finance, Vessels

    The Panama Canal Expansion project is now 94% completed, with the progress of the third set of locks being 95% completed. 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 […]

  • 12 November 2013
    Business & Finance

    U.S. Vice President Joseph Biden will travel to Panama in the third week of November to meet with President Ricardo Martinelli and visit the Panama Canal expansion project. Biden had to postpone a previous scheduled visit in September after a visit to Mexico, due to the crisis in Syria. He will visit the expansion works […]

  • 7 March 2013
    Business & Finance

    The Panama Canal Authority (ACP) has completed the dredging to deepen and widen the navigational channels along Culebra Cut as part of the Expansion Program. This marks another important milestone for the Panama Canal expansion. The dredging works started in March 2008, with the drilling by Panama Canal personnel on board of the drill barge […]

  • 14 August 2013
    Business & Finance, Equipment, Technology

    The Panama Canal Authority (ACP) will invest in its fiscal year (FY) 2014 (October 1, 2013 to September 30, 2014) approximately US$238 million in maintenance of structures and equipment to continue providing an efficient service to the international maritime community. “The key to the Panama Canal’s operational excellence is a combination of its committed workforce […]

  • 5 February 2015
    Business & Finance, Project & Tenders

    In the execution of a mega project, collaboration is inevitable. Requiring a combination of skills, knowledge and resources, projects often attract numerous participants each carrying their own cultural background. Consequently, a great variety of cultural differences and similarities, as well as distinctive practices and differing values and interests for participation, emerge when firms and people come […]

  • 7 September 2010
    Business & Finance, Vessels

    A new custom-built cutter suction dredger destined for the Panama Canal has been launched by IHC Merwede on Monday 6 September. The 12,000kW vessel has been designed and built by IHC Beaver Dredgers at its Sliedrecht shipyard in The Netherlands for the Panama Canal Authority* (ACP – the Panama Government’s autonomous agency). QUIBIÁN I was […]

  • 7 October 2014
    Business & Finance, Equipment, Technology

    The Panama Canal Authority (ACP) received yesterday a delegation from Port Everglades led by Broward County Mayor Barbara Sharief and Deputy Port Director Glenn Wiltshire. During the meeting, the Panama Canal Administrator provided an update on the Expansion Program and its impact on U.S. East Coast ports. The Panama Canal Authority (ACP) and Port Everglades […]

  • 8 August 2016
    Business & Finance

    Following the Expanded Panama Canal’s first month of operations, the Panama Canal Administrator Jorge L. Quijano last week presented representatives of shipping lines and shipping agents with an update on the operations of the expanded canal. “We are very pleased with the first month of activity at the Expanded Canal,” said Mr. Quijano. “We have […]

  • 12 August 2010
    Business & Finance, Vessels

    The programme starts on Monday 6 September for the naming and launch of 11.787kW stationary Cutter Suction Dredger, QUIBIÁN I. The ship is being built for the Panama Canal Authority at the IHC Merwede yard, Molendijk 94, Sliedrecht, The Netherlands. The ceremony will be performed by Mrs Ana Matilde Alemán, wife of Mr Alberto Alemán […]

  • 28 July 2013
    Business & Finance

    Murmansk Port: Jan De Nul Dredging Fleet Arrives (Russia) A fleet of dredgers of Luxembourg-registered Jan De Nul Group arrived in the waters of the Port of Murmansk on the Kola Peninsula.   Canada: Cobourg Marina Maintenance Dredging Kicks Off Beginning this week, the Cobourg Marina will be undergoing annual maintenance at the northwest portion […]

  • 21 July 2014
    Business & Finance, Equipment, Technology

    The Panama Canal Expansion has reached another important milestone with the transfer of the first gates to the new locks complex in the Atlantic side. “This is a very important operation because it involved the first movement of the gates from the special dock where they were unloaded to the lower chamber of the new […]

  • 15 June 2015
    Business & Finance, Project & Tenders

    Last Thursday, the crews working on the the Panama Canal project celebrated another important milestone bringing the Expansion scheme one step closer to completion. Working on the project for the past seven years culminated with the flooding of the Third Set of Locks, last phase before the official opening of the canal. The start of the filling […]

  • 28 April 2015
    Business & Finance

    PSA Panama International Terminal (PSA Panama) has started work on the expansion of its container terminal, located on the west bank of the Panama Canal Pacific entrance. The expansion is targeted to be ready for operations before the end of 2016, in conjunction with the commercial opening of the expanded Panama Canal. PSA Panama will invest over USD […]