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NoticiasPanama Canal Implements Temporary Measures to Help Customers with Current Economic CrisisDemonstrating sensitivity to customer needs during these uncertain economic times, the Panama Canal Authority (ACP) announced today a temporary plan that will provide short-term cost reduction and greater flexibility to its Reservation System. The temporary measures, designed to help mitigate the impact of the crisis on the Canal's clients, were approved by the ACP Board of Directors Monday, April 27. The result of informal consultations with clients, the temporary measures will take effect June 1, 2009 and continue through September 30, 2009. More Panama Canal Expansion Update: Atlantic Dredging Contract Maintains MomentumThe Panama Canal Authority (ACP) held a site visit and pre-bid conference this week to discuss the Atlantic Entrance Dredging Project under the waterway's Expansion Program. International dredging and excavation contractors, and equipment and service providers participated in the two-day event. Held April 29-30, it included a tour of the future Atlantic dredging and excavation areas, as well as the designated in-land disposal sites and a meeting where the ACP provided details on the project, including information on the extended proposal deadline. More
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FAQ
- Since August 15, 1914, more than 960,000 ships have transited the Canal.
- As of April 27, 2009, the Panama Canal Authority has a workforce of 9,551 employees
- Expansion will build a new lane of traffic along the Panama Canal through the
construction of a new set of locks which will double capacity and allow more traffic and longer, wider ships. - It takes a ship an average of 8-10 hours to transit through the Canal.
- Slated for completion in 2014, the Panama Canal Expansion is the waterway’s largest
undertaking since it was built in 1914. - A ship saves 7,860 nautical miles when traveling from New York to San Francisco
through the Canal instead of the Cape of Horn - As part of the Expansion Program, 46 million m3 will be excavated to
build the new Pacific Access Channel. - More than 680,000 trees have been planted in Canal watershed areas.
- The new locks will use 7% less water per lockage than the current locks.
- Up to February 2008, 138,562 students in Panama have established direct
contact with the Panama Canal - The Panama Canal Authority is responsible for providing potable water to the cities of Panama and Colon.
- Congratulations Panama!
Samoter Award 2008: World's Best Construction Project -- Panama Canal Expansion - “Best Long Term Performance Project” and “Strategic Project of the Year”
awards for the Panama Canal Expansion Program at the 6th Annual CG/LA Infrastructure Latin-American Forum
