Seine-Nord Canal Project Could Make The Cut, Audit Shows

PARIS, Dec 11 (Reuters) - The cost of a stalled waterway project to link France's Seine river to Belgium, Germany and the Netherlands could be cut by around 40 percent to 4.5 billion euros ($6.2 billion), a parliamentary report showed on Wednesday. The report could pave the way for the 106-km (66-mile) Seine-Nord canal to go ahead. It was designed to relieve some of northern … [Read more...]

Capsized Houseboat [INCIDENT PHOTOS]

That's right, a capsized houseboat. These photos posted to the image sharing website Imgur show a canal-side houseboat in Malmö, Sweden that apparently capsized into the waterway during a party earlier this month. Unfortunately one person was reported to have been injured when the house slid right off its barge-based foundation and into the water. More photos of the … [Read more...]

Panama Canal Orders 14 New Tugs

The Panama Canal Authority has ordered 14 new tugs in anticipation of increased traffic and larger vessels expected with the 2014 completion of the Third Set of Locks expansion project.  The $158.3 million construction contract was awarded to Astilleros Armon S.A. of Spain, who beat out nearly 20 other bidders from countries in South America, Europe and Asia. The contract … [Read more...]

Turkey To Build Its Own ‘Panama Canal’?

ISTANBUL (Dow Jones)--Turkey will build a new canal connecting the Black Sea with the Marmara Sea to reduce traffic in the Bosporus, one of the world's busiest and most dangerous shipping lanes, Prime Minister Recep Tayyip Erdogan said. The prime minister announced his plan Wednesday in the midst of a re-election campaign, comparing the project's importance with the Panama … [Read more...]

Canal Facts, History & Photos – 5 Historic Canals

Mariners have been using man made canals since the time of Mesopotamia. Here is a look at five famous and historic canals from around the world. Panama Canal- Panama The Canal was begun in 1904 and finished in 1914. Total Length: 77 km (48 mi) Connects the Atlantic Ocean to the Pacific Ocean. Cost: $375 million Erie Canal - New York The Canal was … [Read more...]