No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessExpanded Panama Canal to open April 1, 2016

Expanded Panama Canal to open April 1, 2016

COCOLÍ, Panamá — The expanded Panama Canal will be ready for international maritime traffic on April 1, 2016, Canal Minister Roberto Roy announced this week during placement of the waterway expansion project’s last lock gate.

“We’re going to finish the Panama Canal’s expansion, that’s the essential thing. We have eleven months to go, because on April 1 (2016) the canal will be open for international navigation,” Roy told reporters.

The Panama Canal has been in an expansion phase since 2007 to allow ships carrying up to 14,000 containers — three times its present capacity — to cross its 80 kilometers.

With the expansion, so-called Post-Panamax ships measuring over 400 meters long and 50 meters wide, the size of four football fields, will be able to go through the canal.

“What remains to be done now is to step on the gas and finish” the work, Roy said.

The main contractor consortium Grupo Unidos por el Canal (GUPC) placed the last of the project’s 16 lock gates on Tuesday.

With the gates in place, and after approximately a month of electric and mechanical tests, progressive flooding of the new route will begin in order to start trials with ships.

GUPC, made up of Spanish firm Sacyr, Italian firm Salini Impregilio, Belgian firm Jan de Nui and Panamanian Constructora Urbana, will deliver the construction in early 2016.

The work, with close to 90 percent progress, is a year behind schedule due to conflict between the GUPC and the Panama Canal Authority, as well as several workers’ strikes. The project’s final cost is uncertain because of legal complaints lodged by the consortium.

Five percent of the world’s maritime trade goes through the Panama Canal, whose main users are the United States and China.

 

 

Trending Now

Channing Tatum Spotted Sharing Kiss with Girlfriend on Costa Rican Beach

Hollywood actor Channing Tatum turned heads this weekend when paparazzi caught him in a tender moment with his girlfriend, Inka Williams, on one of...

Costa Rica Presidential Candidates Spar in Tense Debate

Costa Rica’s presidential candidates squared off in the first official debate hosted by the Tribunal Supremo de Elecciones (TSE) yesterday, marking a key moment...

El Salvador Reports Record Low Homicide Rate Due To Gang Crackdown

El Salvador recorded its lowest homicide tally since tracking began, with government officials announcing 82 murders in 2025, a sharp drop from the previous...

My Twice Yearly Parasite Routine in Costa Rica

Intestinal parasites are my companion in Costa Rica. Every six months or so I make a trip to the pharmacy and ask for pastillas...

Dubai Duty Free New Year’s Draw Makes Costa Rican Millionaire

A resident of Costa Rica has claimed a major prize in an international lottery, marking a milestone for not only for him (understatement of...

US Ambassador Melinda Hildebrand Lands in Costa Rica with China Message

The new United States to Costa Rica, Melinda Hildebrand, landed in the country on Monday with a pointed reference to China’s economic role here....
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica