First post-Panamax container terminal announced
Monday, May 23, 2016
Chinese consortium Panama Colon Container Port will construct the first container terminal in Colon able to accommodate post-Panamax ships after reaching an agreement with the Panama Maritime Authority.
Beijing-based Port Design Institute will design the berths and China Communications Construction Company is managing the construction of the project, estimated to be worth $900 million.
Source: Journal of Commerce