Geodis Wilson wins $50 million to ship Panama gates
Geodis Wilson, the freight forwarding and heavy lift specialist of Geodis, has been awarded a $50 million contract by steel manufacturer Cimolai to manage the transport of 16 huge lock gates of more than 4,000 tons for the expansion of the Panama Canal.
The first vessel, carrying four gates, will be departing in February 2013, followed by three more shipments throughout the year. The project is scheduled for completion in December 2013.
The new gates are part of an expansion plan initiated by the Panama Canal Authority and will most likely double the capacity of the Panama Canal by 2014.
Source: Dredging News Online