(Port Technology) Three million cubic metres of concrete poured in new locks as multi-billion dollar expansion project reaches new milestone. The Panama Canal Expansion Program has made a significant stride forward with as much as three million cubic metres of concrete poured in the construction of the new lock complexes. The milestone was registered during the … [Read more...]

(Tico Times) The Panama Canal on Thursday turned 99 amid expansion works and without any competition, although Nicaragua has plans for its own interoceanic canal. "Today [Thursday] we celebrate a great day because the canal is now 99 years old," said canal administrator Jorge Quijano during a ceremony that kicked off the countdown to the centennial … [Read more...]

(Dredging Today) The first four new gates for the Panama Canal’s Third Set of Locks will be arriving to Panama from Italy. The Third Set of Locks has a total of 16 rolling gates (eight for each new lock complex).The new gates weigh an average of 3,300 tons each. They were constructed in Italy by subcontractor Cimolai SpA. They will be unloaded in the Atlantic side of the … [Read more...]

(Fox Latino) his is no joke. That was the message from a Chinese businessman on Tuesday who is behind plans to build a $40 billion waterway cutting across Nicaragua that would rival the Panama Canal. It's an ambitious project that is backed by experienced consultants, despite skepticism, he reassured the press. "We don't want it to become an international joke, and we … [Read more...]

(Bloomberg) Panama’s economy expanded 7 percent in the first quarter from a year earlier, the slowest pace in about three years, as construction projects and expansion of the Panama Canal drive growth. Economic growth slowed from 10 percent in the last three months of 2012, the national statistics institute said today in a statement. The Central American nation is forecast … [Read more...]