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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