Monday, March 21, 2016
Maritime News

China Slowdown Not Holding Back Nicaragua Canal, Contractor Says

By Michael McDonald (Bloomberg) — Hong-Kong based HKND Group, contracted to build a $50 billion canal across Nicaragua, expects to start construction on a fuel terminal and a ship wharf...

March 21, 2016
Total Views: 20

Friday, December 26, 2014

Doubts Deepen Over China-backed Nicaragua Canal

When one of the poorest countries in the Americas and a little-known Chinese businessman said they planned to undertake one of the biggest engineering projects in history, few people took them seriously.

December 26, 2014
Total Views: 0

Thursday, November 20, 2014
Maritime News

Nicaragua Canal Construction to Begin in December, Committee Says

Construction of Nicaragua's $50 billion Interoceanic Grand Canal, expected to rival the Panama Canal, will begin Dec. 22 after feasibility studies have been approved, the committee overseeing the project said on Thursday.

November 20, 2014
Total Views: 21

Monday, October 20, 2014
Maritime News

Shipping Industry Reveals Skepticism Over Nicaragua Canal Project

By Rainbow Nelson in Cartagena Nicaragua’s ambitious plans to build a rival to the Panama Canal are likely to cost almost double the estimated $40bn, according to experts at the...

October 20, 2014
Total Views: 5

Thursday, December 5, 2013

Chinese Investor Behind Proposed Nicaraguan Canal Announces $3 Billion Ukraine Port Project

Wang Jing, a little known Chinese investor who has a concession to build a waterway in Nicaragua to rival the Panama Canal, announced he was also spearheading a $3 billion project to build a deepwater port in Ukraine.

December 5, 2013
Total Views: 3