The largest infrastructure project since the waterway’s original construction, the Panama Canal Expansion Program will create a new lane of traffic along the Canal through the construction of a new set of locks, doubling the waterway’s capacity.
Panama Canal expansion
The first gate for the new locks in the Pacific side was installed on 19th January, marking another important milestone for the Panama Canal Expansion Program. Overall, the Canal expansion is currently 85 percent complete.
Watch the installation of the gates for the new locks of the Panama Canal successfully began on 17th December on the Atlantic side of the waterway.
Panama canal pilots play a vital role in safe navigation of ships transiting through the canal. However, according to the Panama Canal pilot’s association the major expansion project has rejected the inputs from the very pilots who are responsible for transiting vessels through the locks safely and efficiently.
The Panama Canal Expansion is the largest project at the Canal since its original construction. The project will create a new lane of traffic along the Canal through the construction of a new set of locks, doubling the waterway’s capacity.
The third shipment of four gates for the new locks of the Panama Canal Expansion has arrived to the Atlantic entrance of the waterway.
Since its opening in 1914, the Panama Canal has reduced times, distances and transportation, changing the world while respecting the environment.
Today, the Panama Canal keeps growing and transforming global trade, celebration 100 years of pride by bringing the world closer.
Learn about the progress of one of the most important engineering feats of the century, the Panama Canal Expansion.
Stratfor’s Director of Analysis for Latin America Karen Hooper examines the effects the expansion of the Panama Canal will have on shipping and trade when is completed in 2015.