A crack seen in the “step”, or sill, of lockhead 3 (LH3), dividing the middle chamber from the lower chamber of the new Cocoli Lock complex on the Pacific side of the Panama Canal.
PANAMA CITY (Reuters) – The expansion of the Panama canal could face a new delay due to cracks that emerged a few months ago in one of the locks, a spokesman for the waterway’s authority said on Thursday.
The consortium leading the construction project – led by Italy’s Salini Impregilo and Spain’s Sacyr – expects to finish repairing the cracks by mid-January, but it has not given a new date for completing the work, the Panama Canal Authority said.
The consortium is trying “to minimize the impact on the final handover, planned for April next year,” the canal authority said in a statement.
The Panama Canal’s current expansion plan was originally set at $5.25 billion but the costs rose and the administrator became locked in a dispute with building consortium Grupo Unidos Por el Canal (GUPC), which built the third set of locks.
An administrator for the canal warned in September that delays would be likely after the cracks were first detected in August. (Reporting by Elida Moreno; Writing by Enrique Pretel; Editing by Eric Walsh)
Canada will establish two new Arctic consulates in Alaska and Greenland and appoint a dedicated Arctic ambassador as part of a long-awaited strategy for a region where Russia and China are increasingly seeking to assert their influence.
The expansion of Canada’s Trans Mountain pipeline represented a $24 billion bid to help the country’s oil producers reduce their near-total reliance on the US market. That’s a bet that may pay off sooner than expected if President-elect Donald Trump follows through on his tariff threats.
The crew of Panama-flagged cargo ship MV ISA STAR have been rescued in the Red Sea after sending a distress signal, the EU's Aspides naval mission said.
December 5, 2024
Total Views: 1543
Why Join the gCaptain Club?
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.