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

Nicaragua releases 38 people who celebrated Maduro’s capture, NGO says

Nicaragua’s government, led by the married couple Daniel Ortega and Rosario Murillo, has released 38 detainees who celebrated on social media the capture of...

Costa Rican Journalists Face Rising Hate Speech, Study Warns of Hostile Shift

Journalists in Costa Rica face a tougher environment than in past years, with nearly half reporting derogatory or hateful speech aimed at them. A...

Cerundolo Upsets Rublev to Reach Australian Open Fourth Round

Argentine Francisco Cerundolo delivered a strong performance to knock out Russian Andrey Rublev in the third round of the Australian Open on Friday, getting...

Endangered White-Lipped Peccaries Found Slaughtered Inside Golfo Dulce Forest Reserve

Last Wednesday, the carcasses of ten wild pigs were found slaughtered inside the Golfo Dulce Forest Reserve on the Osa Peninsula in southern Costa...

Djokovic opens Australian Open with clinical win as 25th major chase resumes

Novak Djokovic started his latest run at a record 25th Grand Slam title with an efficient, no-drama first-round win on Monday night, rolling past...

Giant Tarpon and Wildlife at Costa Rica’s Silver King Lodge

Anglers and nature enthusiasts continue to find Silver King Lodge as a prime spot for experiencing the remote northern Caribbean coast. Set on the...
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica