Saturday, June 15, 2024

Logo Central America Link

Panama Canal expansion now 96 percent complete

Wednesday, December 30, 2015

The much-anticipated Panama Canal expansion project is now 96 percent complete, but will not be open to commercial traffic in April as previously reported, according to the canal authority.

Conflicting, adversarial and ambiguous messages from the Panama Canal Authority, or ACP, and Grupo Unidos Por el Canal, the consortium building the expansion’s new locks, have cast doubt over whether commercial operations will debut by mid-2016 at all.

Source: Journal of Commerce