Search results for: Agua Clara Locks

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  • 11 September 2015
    Business & Finance, Project & Tenders

    The Panama Canal Expansion project continues to gain momentum as it moves closer to completion. In August, while testing of the new locks continued, the three dams adjacent to the Pacific-facing Cocoli Locks were completed. These dams are essential to the completion of the new locks project since the water level in the navigational channel of […]

  • 11 September 2015
    Business & Finance, Equipment, Technology

    The largest infrastructure project since the waterway’s original construction, the Panama Canal Expansion Program, will soon become a reality. With the project 93% completed, the Panama Canal Expansion has reached its final stretch. The filling of the new locks began recently, marking the start of a planned and methodical phase of operational testing of the Locks, […]

  • 24 June 2015
    Business & Finance

    The Panama Canal yesterday tested the first rolling gate at its recently filled Atlantic locks, dubbed Agua Clara Locks, positioned in the vicinity of the existing Gatun Locks. Each lock chamber has three water-saving basins, which will reuse 60 percent of the water in each transit. There are a total of nine basins for each of […]

  • 21 June 2016

    The Panama Canal Authority (ACP) conducted another trial transit in the Expanded Canal on June 20, with a US-built crane ship Oceanus traversing the Pacific-facing Cocoli Locks. The inauguration of the Expanded Panama Canal will take place on Sunday, June 26. The first vessel to cross the Expanded Panama Canal during its inauguration will be China […]

  • 13 June 2016
    Business & Finance

    The Neopanamax container vessel COSCO Shipping Panama has set sail from the Greek Port of Piraeus on its way to Panama where it will make the inaugural transit of the Expanded Panama Canal on June 26, after a 14-day journey. Constructed and launched in January 2016, Cosco Shipping Panama is 299.98 meters in length and 48.25 meters in […]

  • 8 February 2016
    Business & Finance

    The first water-saving basin of the Agua Clara Locks’ upper chamber has been filled to the required level in order to begin a rigorous and methodical testing process, the Panama Canal Authority (ACP) announced. Once the basin was filled, testing was conducted on the basin’s emptying and filling system to confirm it is watertight. The […]

  • 11 May 2016
    Business & Finance

    As the long-awaited inauguration date of the Expanded Panama Canal approaches, the canal’s locks are set for another round of tests which will be undertaken by the Neopanamax dry bulk carrier MN Baroque, according to the Panama Canal Authority’s industry newsletter. Contracted this week, the 2011-built vessel will conduct multiple daily lockages through the new Atlantic-facing Agua Clara Locks for […]

  • 9 September 2015
    Business & Finance, Project & Tenders

    The Panama Canal Expansion continues to make steady progress, currently 93% complete. After an initial testing phase where the lower chamber of the new locks were filled, preliminary tests of the new gates were executed successfully. The process of removing the plug separating the ocean waters from Agua Clara locks in the Atlantic has begun. Parallel work presses ahead […]

  • 10 June 2016

    The Panama Canal’s contracted vessel, the Neopanamax dry bulk carrier MN Baroque, traversed yesterday the new Atlantic-facing Agua Clara Locks as a part of a series of training events occurring prior to the Expanded Canal’s inauguration, scheduled for June 26. The vessel arrived in Panama this week and was contracted by the Panama Canal to perform […]

  • 6 October 2016
    Vessels

    GasLog’s 2014-built liquefied natural gas carrier on Wednesday transited the Agua Clara locks of the expanded Panama Canal.

  • 17 March 2017
    Business & Finance

    Californian cruise line Princess Cruises, a part of Carnival Corporation, has unveiled a multi-million dollar plan to renovate its 2004-built cruise ship Caribbean Princess. The company said that the 251-meter-long vessel will undergo an extensive two-week drydock in Freeport, Bahamas, starting from March 26. The renovation works are scheduled to be finalized on April 6. With […]

  • 30 June 2016
    Business & Finance

    Cosco China Shipping Group has launched two new lines of business, namely, COSCO Shipping Lines (Central America) and COSCO Shipping Lines (Panama), following the opening of the Expanded Panama Canal. The new business segments were launched on July 27, one day after the official opening of the new USD 5.25 billion canal, as the company looks to expand its market. […]

  • 12 September 2016
    Business & Finance

    The video above shows Höegh Target, a Pure Car Truck Carrier (PCTC) owned by the Norwegian RoRo shipping company Höegh Autoliners, transiting the Agua Clara locks of the newly expanded Panama Canal on September 8, 2016.  With its 8,500 car capacity and 71,400 m² deck area, Höegh Target is said to be the largest PCTC in the world. The 22,068 dwt […]

  • 20 May 2016
    Business & Finance, Project & Tenders

    The Panama Canal Authority (ACP) has just released the latest video from the Panama Canal Expansion project. Taken just a few days ago, the picture shows panoramic view of the new Cocoli Locks on the Pacific side. The official opening ceremony of the expanded canal will take place on Sunday, June 26th 2016. According to the ACP, the […]

  • 27 June 2016
    Business & Finance, Project & Tenders

    After seven years of construction, the Expanded Panama Canal is now officially open for business. The official inauguration was held yesterday, June 26th 2016, with the Panamanian President Juan Carlos Varela, Panama Canal Administrator and CEO Jorge L. Quijano, together with Canal employees, heads of state and dignitaries from around the world, attending the ceremony. The inaugural transit […]

  • 13 September 2015
    Business & Finance, Equipment, Project & Tenders, Technology

                    LOI Signed for Jakarta’s Giant Sea Wall South Korea, the Netherlands and Indonesia have signed a letter of intent for a study on a joint realization of the National Capital Integrated Coastal Development (NCICD), also known as the ‘Giant Sea Wall’ project.   Panama Canal Project Enters […]

  • 27 June 2016

    The opening of the expanded Panama Canal paves the way for transit of liquefied natural gas carriers transporting volumes from the emerging US Gulf Coast LNG export projects.

  • 3 August 2016
    Business & Finance

    A total of 69 Neopanamax vessels transited the Expanded Panama Canal since its inauguration on June 26, 2016. Specifically, 40 containerships, 24 liquefied petroleum gas (LPG) carriers, three vehicle carriers and two liquefied natural gas (LNG) carriers, the first for the waterway, have transited the canal. With these LNG vessels, the canal opened trade possibilities to […]

  • 1 October 2015
    Business & Finance

    The seepage found in the concrete sill between the lower and middle chamber of the Panama Canal’s expanded Pacific Locks was the result of insufficient steel reinforcement in the area which was subjected to stress from extreme condition testing, according to Grupo Unidos por el Canal (GUPC), the contractor responsible for the design and construction of […]

  • 1 October 2015
    Business & Finance

    The seepage found in the concrete sill between the lower and middle chamber of the Panama Canal’s expanded Pacific Locks was the result of insufficient steel reinforcement in the area which was subjected to stress from extreme condition testing, according to Grupo Unidos por el Canal (GUPC), the contractor responsible for the design and construction of […]

  • 18 April 2016
    Business & Finance, Project & Tenders

    In little over two months’ time, the Inauguration Ceremony of the new Panama Canal will mark the completion of the largest infrastructure undertaking in the waterway since the original canal construction back in 1914. The official opening ceremony of the expanded canal will take place on Sunday, June 26th 2016, reports the Panama Canal Authority (ACP). The project was initially set […]

  • 13 June 2016
    Business & Finance

    The container vessel COSCO Shipping Panama is now on its way to Panama to make history – the inaugural transit of the Expanded Panama Canal on Sunday, June 26. During the inauguration, COSCO Shipping Panama will transit Agua Clara Locks on the Atlantic side during the early morning and Cocoli Locks in the afternoon. The regular schedule […]