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A HERO on the Seas

  The expansion of the Panama Canal has opened up an opportunity for WWL to develop its next generation RoRo carriers. Due to its importance to international trade,

First Lock Gate Installed on Pacific Side of Expanded Panama Canal

Another significant milestone in the construction of the expanded Panama Canal this week: the installation of the first new lock gate on the Pacific side. The Panama Canal Authority reports [...] The post First Lock Gate Installed on Pacific Side of Expanded Panama Canal appeared first on gCaptain Maritime & Offshore News.

Cost Overrun Hits Panama Canal Expansion

Widening the Panama Canal will cost more than budgeted due to billions of dollars in overruns by the consortium carrying out the work says a report from AFP.  The

First Gate Installed in Panama Canal’s New Pacific Locks

The first gate will be installed in lock head one facing Gatun Lake; canal expansion program 85 percent complete The first gate for the Panama Canal’s

Iowa Class Battleships Are The Widest Ships To Ever Use The Panama Canal

last weekVehicles / Cars : Jalopnik

Now that's a tight fit! The image above depicts the decommissioned USS Iowa's final transit through the Panama Canal on March 28, 2001. The Iowa Class Battleships were the widest ships to ever traverse the canals, with a beam of 108 feet against the canal's width of just 110 feet, leaving only inches to spare on either side. Read more...

Panama Canal Inks Deal with Lake Charles Port

  The Panama Canal Authority (ACP) signed a cooperation agreement with the Port of Lake Charles in Louisiana earlier this week, which aims to attract new

ACP Signs Pact with Lake Charles Port

Agreement meant to capitalize Canal expansion while attracting new LNG customers.   The Panama Canal Authority (ACP) signed a cooperation agreement with

ACP Administrator to face Panamanian Assembly

National Assembly will question two national leaders, among them the Panama Canal Administrator. The plenary of the National Assembly has approved a proposal

Panama Canal Unveils New Toll Structure Proposal

The Panama Canal Authority (ACP) has proposed for a new toll structure after more than a year of consultations industry stakeholders. The proposed restructuring calls for each segment to be [...] The post Panama Canal Unveils New Toll Structure Proposal appeared first on gCaptain Maritime & Offshore News.

Panama Canal Polls Industry on Proposed Fees

ACP touts new Toll Structure as reflecting value of route and better customer service. The Panama Canal Authority (ACP) announced today a proposal for a new toll structure,

Sacyr-led Group Wins $233 Million Claim in Panama Canal Dispute

PANAMA CITY, Jan 1 (Reuters) – A consortium led by Spanish-builder Sacyr said on Thursday it has won a $233 million settlement in a dispute over cost overruns in an [...] The post Sacyr-led Group Wins $233 Million Claim in Panama Canal Dispute appeared first on gCaptain Maritime & Offshore News.

Panama Canal to Develop New Port

  The Panama Canal Board of Directors this week formally approved the development and construction of a transshipment port in Panama’s Corozal region.

Panama Canal: 15 Years Under Panamanian Administration

The Panama Canal celebrated its 15 year anniversary under the leadership of the Panamanian Administration. The Panama Canal Authority (ACP) is the autonomous agency

Panama Canal Board Approves New Port Plans

State-of-the-art facility in Corozal receives green light from canal’s board of directors   The Panama Canal board of directors this week formally approved the

Canal Delays Weigh on Panama Growth

Panama on Sunday lowered its 2014 growth expectation to 6.3 percent, down from a previous estimate of around 7 percent. Panama's economy grew 8.4 percent in

Panama Canal faces big cost overruns

The consortium building the third set of locks for the Panama Canal is making fresh claims for cost overruns totaling $737 million (R8.5 billion), officials said. ||| Panama City - The consortium building the third set of locks for the...Show More Summary

Panama Canal Expansion Consortium Claims Additional Cost Overruns

The consortium working on the extensive Panama Canal expansion has submitted two new claims for cost overruns of almost $740 million, the canal administrator said on Friday. The post Panama Canal Expansion Consortium Claims Additional Cost Overruns appeared first on gCaptain Maritime & Offshore News.

ACP Receives $740 mln in Cost Overrun Claims

The consortium working on the extensive Panama Canal expansion has submitted two new claims for cost overruns of almost $740 million, the canal administrator said on Friday.

Atlantic Rolling Gate Installed at Panama Canal

The Panama Canal Expansion Program’s electro-mechanical installation phase has begun with the installation of the first steel rolling gate at the Atlantic side.

Nicaragua Breaks Ground on Panama Canal Rival

Nicaragua broke ground yesterday on a much contested $50 billion transoceanic waterway predicted to rival the Panama Canal. President Daniel Ortega, with the president of Chinese contracting firm HKND Group, said the canal will change the economy of Nicaragua, one of Latin America's poorest countries, as well as the rest...

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