No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeA man a plan a canal panamaBuilders vow to repair leak in Panama Canal

Builders vow to repair leak in Panama Canal

MADRID, Spain – Builders of a massive, trouble-plagued expansion of the Panama Canal said Thursday they will make repairs after authorities there said it had sprung a leak.

The canal, completed in 1914 to offer a short cut and safer journey for maritime traffic traveling between the Pacific and Atlantic oceans, is undergoing a refit to triple its capacity. The improvement to the 80-kilometer (50-mile) long waterway, which is used by 13,000 to 14,000 ships each year, has been hit by delays and budget overruns.

“Cracks were detected in one of the walls,” said a spokeswoman for the Spanish construction group Sacyr, lead member of the Grupo Unidos Por el Canal consortium responsible for the expansion project. The fissures were found on the canal’s Pacific Locks, the spokeswoman added. “We are working on its resolution.”

The international consortium, which is nearing completion of a third set of locks on the canal, overran its initial $5.25-billion budget, leading to financial disputes with the Panama Canal Authority, the Panama government agency charged with operating the canal.

Originally scheduled for completion last year on the Panama Canal’s centenary, the project is now only expected to be ready in April 2016.

The Panama Canal Authority said Wednesday the builders had informed it of “localized seepage” found in the concrete sill between the lower and middle chamber of the canal’s expanded Pacific Locks.

The consortium said water was seeping through because of “insufficient steel reinforcement,” which had been subjected to extreme stress from testing, the Panama Canal Authority said in a statement.

“The contractor has an obligation to ensure the long-term performance on all aspects of the construction of the locks and to complete the expansion project following the quality standards established in the contract,” it said.

Despite the repairs, the international consortium had “verbally indicated” that it will still complete the project in April 2016, the authority said.

The consortium comprises Italy’s Salini Impregilio, Belgium’s Jan de Nul and Panama’s Constructora Urbana in addition to Sacyr.

The canal handles five percent of global shipping, but needs to upgrade its infrastructure in the face of rival bids for market share from Egypt’s Suez Canal and a new Nicaraguan canal being planned by a Chinese company.

 

Trending Now

Costa Rica’s La Fortuna Waterfall Ranks in Top 1% Globally on TripAdvisor

La Fortuna Waterfall in Costa Rica received TripAdvisor's "Best of the Best" award for the second straight year in the Travellers' Choice 2025 rankings....

Honduras Presidential Contest Tightens for Candidate Backed by Trump

Nasry Asfura, the candidate backed by US president Donald Trump, and his rival Salvador Nasralla, also from the right, remained in a tight battle...

More Tickets Released for Bad Bunny’s Sold-Out Shows in Costa Rica

Fans of Bad Bunny got a second chance this week when promoter Move Concerts released a fresh batch of tickets for the artist's back-to-back...

Messi’s Inter Miami will play its first MLS final against Müller’s Whitecaps

On a magical night in front of their fans, Lionel Messi’s Inter Miami thrashed New York City 5–1 on Saturday and advanced to the...

Costa Rica Jaguar Caught on Camera Trap in Guanacaste Forest

The forest that I visit in person isn’t the same place my camera traps record. When I’m physically there it takes all of ten...

Miguel Herrera Opens Up on Costa Rica’s Heartbreaking World Cup Miss

Mexican coach Miguel Herrera returned home after a tough stint with the Costa Rican national team, sharing his raw thoughts on the squad's inability...
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica