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.
PANAMA CITY – Water will start rushing into the newly expanded Panama Canal on Thursday in one area that was widened, ahead of the waterway's April 2016 re-inauguration.
In the latest setback for the behind-schedule, over-budget upgrade, a union representative said excavation work was on hold after negotiations broke down between the consortium and workers who have been on strike since Tuesday.
PANAMA CITY – A widened Panama Canal will be open for business in 2016 after a $400 million cash injection to help complete the long-delayed project was received, the waterway's chief administrator said Monday.
Work to expand the Panama Canal -- interrupted earlier this year for a dispute over cost overruns -- halted Wednesday, this time for a strike by workers demanding higher wages.
PANAMA CITY – A Spanish-led consortium resumed work Thursday to expand the Panama Canal, which handles five percent of global seaborne trade, after an acrimonious two-week stalemate over $1.6 billion in cost overruns.
PANAMA CITY – Work to widen the Panama Canal will resume on Thursday, an official said, two weeks after the huge project was suspended over $1.6 billion in cost overruns.
PANAMA CITY – An international consortium at loggerheads with Panama over work to expand the Panama Canal has presented a proposal to end a dispute over a $1.6 billion cost overrun, the group said late Thursday.
