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Wednesday, April 23 2014 @ 07:47 AM EDT

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20 firms seek contract for Panama Canal excavation

Canal ExpansionPanama, Oct. 6 (Xinhua): At least 20 companies from eight countries have participated in the tendering process to win the second contract for the dry-excavation of the Panama Canal, official sources said. Firms from Canada and the United States, Mexico, Costa Rica, Colombia, Venezuela, Italy and Panama have expressed interest in the preliminary process that concluded on Thursday. The Panama Canal Authority (ACP) said Friday that the representatives conducted an on-site inspection Tuesday and Wednesday. This is the second of the five contracts the ACP will offer on the canal's expansion, which involves the excavation of the 218 meter-wide trench linking the Culebra Cut with the Pacific coast. The contract will be decided on Oct. 31. The Panama Canal expansion project is estimated at a cost of 5.2 billion U.S. dollars and will be completed by the year 2014.
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ACP Welcomes Bids for Second Dry Excavation Project Under Expansion

Canal Expansion
Panama Canal Expansion Underway
Panama Canal Expansion Underway
PANAMA CITY, Panama, September 27, 2007 – The Panama Canal Authority (ACP) released its request for proposal (RFP) Tuesday, September 18, for the second dry excavation project under expansion. This contract is for the second of five excavation projects to create the new Pacific locks access channel. This channel will link the new Pacific locks with the existing Gaillard Cut (the narrowest stretch in the Panama Canal). Details of the RFP are available on the ACP’s Online Bidding System: http://www.pancanal.com/eng/procsales/buy.html. The excavation involves the removal of 7.5 million cubic meters in a stretch of approximately 2.4 kilometers, which will serve as the entrance of the new Pacific access channel. (more)
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Mexico's ICA seeks work in Panama canal expansion

Canal ExpansionMONTERREY, Mexico, Sept 14 (Reuters) - Mexico's top construction firm ICA aims to participate in Panama's $5.25 billion canal expansion as part of an international consortium, the company's chief executive said on Friday. ICA also plans to list its housing construction unit ViveICA on the Mexican bourse in 2009, Chief Executive Jose Luis Guerrero told Reuters on the sidelines of an event in the northern Mexican city of Monterrey.
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Port Manatee gears up for Panama Canal traffic

Canal Expansion
Port Manatee Florida will be expanding  in anticipation of greater traffic from the Panama Canal
Port Manatee Florida will be expanding in anticipation of greater traffic from the Panama Canal
By MICHAEL POLLICK for the Herald Tribune - PORT MANATEE -- While the Panama Canal gets gouged out into a four-lane superhighway for ships, Port Manatee -- the closest U.S. deep-water port to the canal -- is doing some souping up of its own. The port is in the midst of an expansion, aided by a fresh $3 million state grant, that will allow it to handle hundreds of thousands of semitrailer-sized containers of cargo per year. That compares with just a few thousand each year right now. Meanwhile, the monumental expansion taking place at the canal should be done by 2014 and is expected to prompt global shifts in shipping patterns. (more)
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Bids due January for Pacific entrance to Panama Canal

Canal Expansion
Bids to open for dredging to expand the Panama Canal
Bids to open for dredging to expand the Panama Canal
Sand And Gravel.com - Business News America reports that bids will be due on January 28th 2008 for a contract to dredge the Pacific entrance to the Panama Canal. Quoting a statement from the Panama Canal Authority, the report said the contract will call for the dredging of 9.1 million m3 of material, in order to widen the navigation channel on the Pacific side by 218m, and increase water depths to 15.5m. The work is needed to accommodate a new, third set of locks that will be built as part of ACP's canal expansion project. Work building the locks is expected to begin between July and September 2008. Business News America said the new set of locks is part of a US$5.25 billon project to expand the canal and double its capacity.
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Video Report on the Start of the Expansion of the Panama Canal

Canal Expansion
The ceremonial explosion in Paraiso, Panama, on 3 September 2007 to mark the start of the construction of the expansion of the Panama Canal
The ceremonial explosion in Paraiso, Panama, on 3 September 2007 to mark the start of the construction of the expansion of the Panama Canal
BBC On Monday, a ceremony on the outskirts of Panama City marked the beginning of a $5.2 billion Panama Canal expansion project, which aims to double the canal's capacity. Below a YouTube Video covers the ceremony.
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Panama Canal expansion to open super-sized shipping by 2014

Canal Expansion Feedstuffs.com - A major project to enlarge the Panama Canal -- the largest since its original construction -- began with a bang today when explosions leveled part of Paradise Hill in preparation for the construction of a new lane and locks that will double the shipping capacity of the canal. The multi billion-dollar project, under the auspices of the Panama Canal Authority, an autonomous agency of Panama's government, will double the waterway's capacity and allow for super-sized cargo ships to use the critical crossing. Both containerized and bulk grain cargoes are expected to benefit from the canal expansion. Completion of the project is expected by 2014, the 100th anniversary year of the canal. The Panama Canal Authority will conduct two important steps in selecting the global firm that will design and build the new locks during meetings at the site Sept. 12-13.
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Panama Canal begins historic expansion

Canal Expansion
A ship in the Miraflores Locks of the Panama Canal
A ship in the Miraflores Locks of the Panama Canal
( AP) -- PANAMA CITY, Panama - A 93-year-old engineering marvel is getting a major overhaul -- and it could lead to cheaper goods in the U.S. Crews have blasted through the hillside next to the Panama Canal, marking the start of the waterway's biggest expansion since it opened in 1914. Former President Jimmy Carter, who signed the 1977 treaty giving Panama control of the U.S.-conceived canal, was at the celebration for the five-and-a-quarter-billion-dollar project. It's expected to double the 50-mile canal's capacity. The improvements could lower the price of goods on the East Coast, because the U.S. accounts for two-thirds of the cargo that passes through the canal. China is the second-largest user. Panama also hopes the improvements will increase revenues, allowing it to pay back some of its debt and battle poverty that affects some 40% of the population.
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Panama Canal's Dutch 'face-lift'

Canal Expansion
The Gatun Locks of the Panama Canal
The Gatun Locks of the Panama Canal
By Wendy Braanker for Radio Netherlands - Within three days of winning the prestigious contract, three members of DHV, a Dutch consultancy and engineering firm, were at the site in Panama. DHV recently won the contract to modernise the Panama Canal. The project officially starts this week and, according to project manager Ben Reeskamp, even though DHV has completed numerous large projects in its 90-year history, the Panama Canal project is the crème de la crème. (more)
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Panama set to begin $5bn project

Canal Expansion BBC - Panama is set to start work on a $5bn (£2.4bn) building project to widen the Panama Canal to increase its capacity. The project involves adding a third set of locks that will enable modern ships to use the canal. Many tankers are now too large for the 50-mile (80km) route. Panama residents overwhelmingly backed the plan in a referendum held in 2006. Supporters say modernization is vital to maintain trade and increase jobs, but critics say it will lead to huge debts for Panama. Opponents have also attacked the project on environmental grounds. It is estimated that, in volume terms, around 5% of the world's trade passes through the Panama Canal. The government has said the scheme will be financed by raising tolls on the waterway as well as through foreign credit. The beginning of the huge project will be marked by a ceremony attended by Panamanian President Martin Torrijos and foreign dignitaries.
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Official and Ceremonial Start of Panama Canal Expansion

Canal Expansion

By DON WINNER for Panama-Guide.com - Thousands of Panamanians and foreign dignitaries are in Paraiso next to the Panama Canal to witness the start of the expansion of the Panama Canal. People are still filtering in to the area, and the schedule calls for Panamanian President Martin Torrijos to push a button that will set off 30,000 pounds of explosives, taking the top off of a hill on the other side of the canal, marking the official and ceremonial start of the construction of the expansion of the Panama Canal. (more)

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Byrd to attend Panama treaties 30th anniversary

Canal Expansion The Charleston Gazette - U.S. Sen. Robert C. Byrd, D-W.Va., will travel to Panama next week to commemorate the 30th anniversary of the signing of the Panama Canal Treaties, according to an announcement released Thursday from the senator’s office. The president of Panama invited Byrd to join in the Sept. 3 ceremonies, the press release said. Panamanian officials, former U.S. president Jimmy Carter and various Latin American heads of state are also scheduled to attend. Carter and then-Panamanian Chief of Government Omar Torrijos signed the treaties on Sept. 7, 1977. The agreement relinquished U.S. control of the canal to Panama by 2000 and guaranteed its neutrality. Byrd supported Senate passage of the treaties, although he initially had concerns about transferring control of the canal to Panama, according to the press release.
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Panama Canal Begins Process to Build New Locks

Canal Expansion PANAMA CITY, Panama, August 28, 2007 – In another sign that Panama Canal expansion is moving forward at a steady, methodical pace, the Panama Canal Authority (ACP) released yesterday a Request for Qualifications (RFQ) for the construction of the new set of locks to be built under the Canal’s Expansion Program. The document is available at: http://www.pancanal.com/eng/procsales/buy.html. The release of the RFQ is part one of a two-phase process to determine the firm that will ultimately design and build the new locks. During this first prequalification stage, the ACP will evaluate responses (also called SOQ or Statement of Qualification) from prospective firms based on a combination of pass/fail criteria and capabilities. The four firms that meet the ACP’s needs with the highest number of points will move to the second and final round. The short-list-selection is expected to be announced by the end of November 2007. (more) .
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Expanded Panama Canal would benefit links between Latin America, Asia

Canal Expansion Xinhua - Panama's foreign minister on Wednesday called on Forum for East Asian-Latin American Cooperation (Fealac) member nations to provide support for the program to expand the Panama Canal. Foreign Minister Samuel Lewis Navarro is in Brasilia for a two-day meeting of the bloc called to boost trade between the two regions amid concern over the U.S. credit crisis. Nine of the ten major users of the canal sent envoys to the meeting, which, he said, has manifested the canal's importance in boosting cooperation between the two regions. The Panamanian government hopes an expanded canal would further improve its role as a world-trade logistics center, said the minister. It also hopes the canal could provide greater access for Latin Americans to the Pacific region and for Asians to the Atlantic, he added. An estimate by the Panamanian government has set the budget for the expansion project at 5.25 billion U.S. dollars. The biggest user of the canal is the United States, ahead of China, Japan, Chile and South Korea.
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ACP Awards Expansion Program Manager Contract to CH2M Hill

Canal Expansion PANAMA CITY, Panama, August 17, 2007 – After a thorough evaluation of the received proposals, the Panama Canal Authority (ACP) awarded the Program Manager contract to CH2M Hill last Wednesday. The leading full-service global firm and number one program management firm in the United States will assist the ACP in the management of numerous contracts including those for design and construction of the two post-Panamax lock structures under its Expansion Program. The procurement process began June 1, when the ACP released its request for proposals seeking a top-tier firm with a strong reputation in program management and with experience working on a variety of major international construction projects. (more)
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Panama Canal expansion may allow more trade from Gulf

Canal Expansion By Tim Hoskins for the Iowa Farmer Today - The pending expansion of the Panama Canal might send waves back to Midwest farms. Tim Burrack, corn section director for the U.S. Grains Council and a Northeast Iowa farmer, says the Panama Canal expansion project will cost $5.25 billion. Ships will be able to start going through the expanded locks in 2015. Under the project, they are making the locks through the canal larger to get more containers through the canal. Currently, Burrack says the canal can only allow ships that have 4,000 containers or less to pass through. However, after the locks are finished, they will be able to handle ships that can transport 12,000 containers. That could shift back some of the transportation routes for grain and distillers grains from ethanol plants that are shipped to global markets. (more) (Photo Credit: IFT photo by Patti Edge)
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Organisation from Brazil to train workers for Panama Canal

Canal Expansion Agência CNI* - Brasília – The National Service of Industrial Education (Senai) will help train workers for the expansion of the Panama Canal. The cooperation agreement for training of workforce will be signed by the director-general at Senai, José Manuel de Aguiar Martins, and by representatives of the National Institute of Vocational Training for Human Development (INADEH), of Panama, on August 10th, in Panama City. The objective of the partnership is to train Panamanian professionals, so they can contribute to modernise the structure and technology of the Canal. First of all, the Panamanian workers will visit the Senai technology laboratories, where they will undergo short-term training programmes. Afterwards, advisers at the organisation will travel to Panama in order to devise the training programmes. (more)
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EIB offers Panama 500-mln-euro loan for canal expansion

Canal Expansion (Source: Xinhua) - The European Investment Bank (EIB) will offer Panama 500 million euros (650 million U.S. dollars) to finance the expansion of the Panama Canal, an European Commission official announced on Friday. The proposal was made during a technical evaluation of diverse cooperation projects between the European Union (EU) and Panama, said Tomas Abadia, EU business manager for Panama and Costa Rica. "The financial proposal was advanced by Spain's Prime Minister Jose Luis Rodriguez Zapatero and it includes very low interest rates at very long terms," Abadia said. Local media reports said EIB representatives are in contact with the Panama Canal Authority. Panama is aiming to build a third lane of locks to increase the canal's capacity and allow larger ships to travel between the Pacific and the Caribbean. Panama expects the tolls revenue in 2008 to increase by some 340 million dollars compared with this year. (more)
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Panama Canal expansion a threat, experts say

Canal Expansion By Diane Lindquist for the San Diego Union-Tribune - An expansion of the Panama Canal to allow passage for a new generation of megaships may be threatening plans to build a new port at Punta Colonet, 150 miles south of San Diego. The Mexican and Panamanian projects are envisioned as gateways for an increasing amount of Asian goods bound for the populous East Coast of the United States. Both would relieve growing congestion at West Coast ports, such as Long Beach and Los Angeles, Seattle and Oakland. But some experts are saying that Mexico's chance to offer a new trade route has passed. “The expansion of the Panama Canal almost single-handedly kills Punta Colonet,” Joseph P. Ritzman, project development manager of SSA Marine's terminal operations in Mexico, told The San Diego Union-Tribune this week at a Long Beach ports conference. (more)
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ACP Awards First Construction Contract Under Canal Expansion Program

Canal Expansion PANAMA CITY, Panama, July 19, 2007 – The Panama Canal Authority (ACP) took one step closer to breaking ground for the expansion of the Panama Canal Tuesday, when it officially awarded the first expansion construction project contract to Constructora Urbana S.A. (CUSA). The selection process began May 7, when the ACP released its request for proposals to begin the first of five dry excavation projects to create the new Pacific Locks access channel. This new channel will link a new, third set of locks on the Pacific end of the Canal with the existing Gaillard Cut (the narrowest stretch in the Panama Canal). This project represents approximately 16 percent of the total excavation for the new Pacific Locks access channel. At a special ceremony on Friday, July 6, the ACP reviewed the bid submissions for the first dry excavation of the new Pacific Locks access channel. The chart below shows the companies that submitted bids and their corresponding bid price. The ACP selected the lowest priced proposal that met all of the project’s requirements. (more)
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First bid to widen Panama Canal awarded

Canal Expansion PANAMA CITY (Thomson Financial) - The first bid in a 5.2 billion US dollar project to widen the Panama Canal was awarded on Friday to a Panamanian company, Constructora Urbana SA (Cusa), officials said. 'Today, with this bid (awarding), begins the project to widen the canal,' Minister of Canal Matters Dani Kuzniecky told reporters. Cusa won a 41 million-dollar bid to dig 6.7 kilometers (4.1 miles) of new channel in the 5.2 billion dollar Panama Canal modernization to accommodate larger ships. The firm won out over 13 Asian, European and US consortiums for the right to move an estimated 1.3 million cubic meters (46 million cubic feet) of sediment and earth on the Pacific side of the canal. Work is to begin in 2008 and end in 2010. The overall plan is to build lanes and a third set of locks to accommodate the world's supertankers as well as larger cargo ships carrying 12,000 containers each, as opposed to the 5,000 containers carried by Panamax ships, the largest that can currently run the canal. The project is expected to take 10 years. Some 14,000 ships annually use the Central American shortcut between the Atlantic and Pacific Oceans, avoiding the journey around South America.
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CUSA Wins First Canal Expansion Construction Bid

Canal Expansion PANAMA CITY, July 6, 2007 (AFP) - The first bid in a 5.2 billion-dollar project to widen the Panama Canal was issued on Friday to a Panamanian company, officials said. Minister of Canal Matters Dani Kuzniecky told reporters, "Today, with this bid, begins the project to widen the canal." Cusa won a 41 million-dollar bid to dig 6.7 kilometers (4.1 miles) of new channel in the 5.2 billion-dollar Panama Canal modernization to accommodate larger ships. The Panamanian company, formally known as Constructora Urbana SA, won out over 13 Asian, European and US consortiums for the right to move an estimated 1.3 million cubic meters (46 million cubic feet) of sediment and earth on the Pacific side of the canal. Work is to begin in 2008 and end in 2010. The overall plan is to build lanes and a third set of locks to accommodate the world's supertankers as well as larger cargo ships carrying 12,000 containers each, as opposed to the 5,000 containers carried by Panamax ships, the largest that can currently run the canal. The project, controversial for its environmental impact, is expected to take 10 years. The United States built the canal in 1904-1914 and administered it until 1999, when it was handed over to Panama. Some 14,000 ships annually use the Central American shortcut between the Atlantic and Pacific Oceans, avoiding the journey around South America.
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ACP Budget Approved for FY2008

Canal Expansion PANAMA CITY, Panama, July 02, 2007 - Numerous enhancements of and investments in the Panama Canal will move forward. On Saturday, June 30, 2007, the 2008 fiscal year budget for these projects, which includes investments in Canal service, reliability and efficiency, was approved by the Panamanian legislature. The ACP is an autonomous agency and its budgets are reviewed and given final approval by the legislature. Enhancements include ongoing investments in technology, new equipment and capital improvements. Moreover, the Canal's 2008 funds to continue the expansion program were approved. Expansion appropriations include, among others: funding the second phase of dry excavation of the new lane on the Pacific side, the widening of the Gaillard Cut and the deepening of the navigational channel in Gatun Lake. Expansion will build a new lane of traffic along the Panama Canal through the construction of a new set of locks, which will double capacity and allow more traffic and wider ships. "These investments are the product of detailed analysis and evaluation to ensure that we continue funding the right projects to continuously improve and maintain Canal service. The business of the Canal is to ensure that we provide customers with a safe and reliable service. (more)
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National Assembly Approves $2 Billion Dollar 2008 Canal Budget

Canal Expansion By DON WINNER for Panama-Guide.com - With just hours remaining in this year's regular sessions Panama's National Assembly approved the 2008 operating budget for the Panama Canal at $2.028 billion dollars. This level of spending reflects an increase of 29.4% or $460 more than the 2007 budget. Tolls from passing ships is the primary source of canal income, up $339 million compared to last year. Between 2000 to 2007 the Panama Canal has delivered $3.886 billion dollars to the treasury of the government of Panama, compared to the approximately $2 billion dollars paid by the United States to Panama during the 85 years that they operated the canal. National Assembly Deputy Tomás Altamirano Mantovani called this budget "the first budget for the extension of the Panama Canal," and said that with this budget the canal will finally start to produce the fruits that Panamanians have been waiting 90 years to realize. The 2008 budget contains $706 million dollars in upgrades to infrastructure spending. Some projects funded include plans to improve security, increase the production of drinking water, the execution of existing capabilities, as well as $352 million dollars to contract for the construction of two new sets of locks as part of the expansion project, and funds to start dredging.
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Panama Canal Expansion Spurs Environmental Debate

Canal Expansion By Lorne Matalon in Panama City for National Geographic News - Engineers have begun working on an ambitious but controversial plan to add a third shipping lane to the Panama Canal. The planners claim that the 5.25-billion-U.S.-dollar expansion, which will add two new three-chamber locks at either end of the canal, will have little impact on the surrounding environment. But local residents, mindful of the thousands forcibly evacuated during the original canal's construction, remain wary of such promises. The project commenced with reforestation of a buffer zone that hugs either side of the 51-mile (82-kilometer) waterway. Together with more efficient water pumps, the new forests are designed to keep the canal's locks full and flowing without the need for new reservoirs—even in the driest of years, according to designers. That's important because the canal watershed is Panama City's source of drinking water. Keeping the area's forests healthy is also vital, because of Panama's geographical importance as an isthmus linking North and South America. As a corridor for migrating species of birds and animals, Panama's habitats are vital for species such as jaguars and eagles that depend on such pathways for survival. (Related: 'Frog Hotel' to Shelter Panama Species From Lethal Fungus [November 2, 2006].) (more)
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Panama to begin environmental impact study on canal widening

Canal Expansion Xinhua - Panama's National Environmental Agency (ANAM) on Wednesday approved an Environmental Impact Study, for the Panama Canal Expansion Project. The project looks at earthworks and the leveling of the Cartagena Hill, which is needed to connect new Pacific locks with the Atlantic Ocean. The Panama Canal Authority said in a statement that the bulk of the work would affect Paradise Hill, northeast of the Pedro Miguel locks, in the Pacific area of the Canal. Cartagena Hill would be reduced to just 46 meters high and the removed material would be placed in a deposit named T6. Construction also implies a new 3.9-km stretch added to the Borinquen Highway, and the realignment of 4.1 km of the 230kW power line that links La Chorrera to Panama City. The Panama Canal expansion project is set to begin this year, and will continue until 2014 with a total cost of 5.25 billion U.S. dollars.
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Panama Canal Authority (ACP) Board of Directors Meets in Shanghai

Canal Expansion PANAMA CITY, Panama, June 19, 2007 - The Panama Canal Authority (ACP) Board of Directors and Advisory Board met in Shanghai, China, June 11-12 to analyze the progress of expansion and other major projects underway at the Panama Canal. The Advisory Board plays an important role as the Panama Canal strives to best serve global trade and commerce. China is the second largest user of the Panama Canal after the United States. ACP Administrator/CEO Alberto Alemán Zubieta briefed the diverse Advisory Board - composed of business, maritime and trade experts - on key Canal issues, while the groups discussed strategy and current trends in the maritime and shipping industries. The meeting was jointly presided over by Panamanian Minister for Canal Affairs and ACP Board of Directors Chairman Dani Ariel Kuzniecky and Advisory Board Chairman and former Secretary-General of the International Maritime Organization William A. O'Neil. (more)
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Sustainability and the sea: Panama Canal – Navigating canal ambitions

Canal Expansion By Oliver Balch, Latin America Editor for the Ethical Corporation Magazine - The residents of Panama recently voted to extend their world-famous canal. It should bring the waterway into the modern age, if age-old public management problems don’t get in the way. The building of the Panama Canal makes for a murky tale. The French tried first. Their efforts collapsed amid an international bribery scandal. Then the US stepped in. While they got the waterway built, it took ten years and cost the lives of almost 6,000 workers. Now, more than 90 years later, the builders are back. Following a successful referendum in October, Panamanians are embarking on an extension of their world-famous canal. New three-step locks will be built at either end of the canal, allowing the canal to accommodate the many modern container ships that are currently too large to navigate the Isthmus. The project is scheduled to take eight years and cost about $5.3 billion. The benefits for Panama should be huge. If all goes to plan, the improvements will double the capacity of the waterway. Toll revenue from the increased traffic is projected to hit $6 billion a year by 2025, a four-fold increase on current levels. In a country where nearly one in ten is unemployed, the project could generate up to 40,000 new jobs during the construction phase. (more)
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Panama Canal expansion to begin August - official

Canal Expansion BALBOA, Panama, June 6 (Reuters) - The first stage of a $5.25 billion expansion of the Panama Canal should begin ahead of schedule by the end of August, a top canal official said on Wednesday. Dredging works at the southern mouth of the canal on the Pacific will start in August instead of October as previously announced, Panama Canal Authority deputy administrator Jose Barrios said. The first onshore excavation works are scheduled to begin before the end of calendar 2007, Barrios told Reuters in an interview. Panama is aiming to build a third lane of locks to increase the canal's capacity and allow larger ships to travel between the Pacific and Caribbean. It hopes to have the third lane operational in time for the canal's centennial in 2014. The bidding specifications for the dredging would be ready next month, slightly late, Barrios said, but the bidding process would be short. "Even if we don't get (the specifications) on time we are going to get ahead of schedule," he said. He said bidding terms for the excavation work had been published and that more firms than expected had expressed an interest in the tender. (more)
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ACP Requests Proposals for Canal Expansion Program Manager

Canal Expansion PANAMA CITY, Panama, June 05, 2007 - The search is on as the Panama Canal Authority (ACP) released last Friday its Program Manager tender (request for proposal) for Canal expansion. The ACP is seeking a top-tier firm with a solid reputation in program management, and with experience working on various construction projects around the globe. The chosen firm will assist the ACP in the management of approximately 10 major contracts, interfacing with both design and construction teams. The ACP Board of Directors approved the use of an integrated program management model, wherein the Authority will designate tasks between its own staff and the selected firm. "The selection of a reputable and experienced Program Manager is an important component in the success of the waterway's expansion," said ACP Engineering and Programs Management Director Jorge L. Quijano. "We are looking to attract a firm with global reach and proven experience in providing proactive solutions as we move forward with the program." Expansion will build a new lane of traffic along the Panama Canal through the construction of a new set of locks, which will double its tonnage capacity and allow the passage of longer, wider and deeper draft vessels.
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