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Panama reports some progress in canal dispute

"Our patience has limits and we really feel this has to end in a week at the most," administrator Jorge Quijano said.

Deadline to resolve Panama Canal expansion receives extension to Feb. 1

Work on expanding the Panama Canal will continue through at least next week after the construction consortium officially extended the deadline until Feb. 1 to resolve a dispute over $1.6 billion in cost overruns. The deadline had been set for this past Monday.

Minister insists that Panama Canal expansion will be completed in 2015

Work to enlarge the Panama Canal will be completed in 2015 no matter what, Panamanian Finance Minister Frank De Lima said Wednesday, despite the continuing feud over cost overruns with contractor GUPC.

Proposal offered as Panama Canal dispute simmers on

A consortium working on expanding the Panama Canal proposed Monday that local authorities co-finance a huge budget gap that sparked a bitter dispute threatening the project.

Panama Canal expansion slowed by $1.6 billion financial dispute

PANAMA CITY -- Work on expanding the Panama Canal went ahead at a reduced pace Monday despite the builder's threat to shut down the project over huge cost overruns, officials said.

Panama Canal expansion to proceed no matter what, says official

Work to expand the Panama Canal will proceed despite a financial dispute that could derail the project, an official managing the major waterway said Saturday ahead of a key deadline.

Consortium threatens to stop work on expanding Panama Canal

Construction is scheduled to be completed in June 2015, already a nine-month delay over the date set in the contract.

Panama Canal expansion hits $570 million snag

A dispute between a contractor and the canal authority over cement could push back the finish date to 2015.
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