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

Winter Storm in U.S. Northeast Cancels and Delays Flights at Costa Rica Airports

Passengers at Costa Rica’s two main international airports faced cancellations and long delays this week as a powerful winter storm in the northeastern United...

US Israel Iran War Spreads as Hezbollah Enters Fighting and UK Base in Cyprus Hit

The war launched by the United States and Israel against Iran spread across the Middle East and beyond on Monday with Lebanon's Hezbollah entering...

Panama Raids Former Canal Ports Operator Offices in Corruption Probe

Panamanian authorities raided offices of Panama Ports Company, the former operator of two key canal terminals, as part of an anti-corruption investigation into alleged...

Oil Prices Hits Highest Since 2024 as Costa Ricans Brace for Rising Gas Bills

Oil prices kept surging today as markets fear the conflict with Iran will drag on, potentially causing major supply disruptions. The Strait of Hormuz...

OIJ Reports Shift in Costa Rica Car Thefts Toward Newer Vehicles

For years, concerns centered on the theft of older vehicles for resale as spare parts. Criminal groups now target newer models more often. They...

Costa Rica Closed 2025 with 98.6 Percent Renewable Electricity Generation

Costa Rica generated 98.6 percent of its electricity from renewable sources in 2025, marking a strong rebound from the previous year's challenges. The Instituto...
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica