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Panama Canal Authotity receives bids for Pacific access entrance expansion project

Monday, August 9, 2010

The Panama Canal Authority has received three bids from international firms vying to dredge and excavate the Pacific Access Channel entrance.
This project represents the last major expansion programme contract to be awarded and once completed, will allow larger ships to successfully enter the new access channel and reach the new Pacific Locks.
Jan De Nul has offered $54.5 million for the contract, International Underground Corp., $55.3 million and BKI-Meco $71.3 million.
Original source: Dredging Today