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Panama Canal officials study fourth set of locks

Tuesday, July 2, 2013

Panama Canal officials say they are studying the construction of a fourth set of new locks, parallel to the third set of locks presently under construction.

“We are looking at the demand and demand is what will rule the project,” Panama Canal Authority vice president for marketing and business development Rodolfo Sabonge said.

The authority is watching closely the growth of the super post-panamax vessels already on order and under construction.

Source: Seatrade Global