Early Gate Shipment Puts Panama Canal Expansion in 'Homestretch'
The Panama Canal expansion project entered the “homestretch” after contractors delivered the final shipment of gates for the new canal locks to the Panama Canal Authority (ACP), Panamanian President Juan Carlos Varela announced on Nov. 12 (here). This final shipment…
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came earlier than expected. The ACP previously said it expected the gates by January 2015 (see 14090810). The ACP is still transferring the Pacific locks through the canal, but the locks set for the Atlantic side are currently at a temporary dock. Italian contractor Cimolai SpA sent the gates to the ACP. The expansion project is slated for completion by the end of 2015.