Panama

Panama

25 Nov 2014
The International Transport Workers' Federation is battling with the Panama Canal Authority, accusing the PCA of trying to shut down a tugboat captains' union in advance of the canal's expansion.
05 Feb 2014
Work to expand the Panama Canal was suspended today following a breakdown in talks between the canal authority and the construction consortium to resolve a bitter dispute over more than $1 billion in cost overruns.
03 Feb 2014
SEA ISLAND, Ga. — A canal through Nicaragua connecting the Atlantic and Pacific oceans will cost double proponents’ estimate and will likely never be built, the No. 2 official at the Panama Canal said today.
CMA CGM container ship
03 Feb 2014
CMA CGM has upgraded its Oceania-U.S. service to a weekly frequency with the addition of a second string to its PAD service, which will take effect in the beginning of March.
Work on the Panama Canal expansion. Courtesy of Panama Canal Authority.
21 Jan 2014
The deputy administrator of the Panama Canal Authority on Tuesday said the $5.25 billion expansion of the Panama Canal will meet the target date of mid-2015.
Work on the Panama Canal expansion. Courtesy Panama Canal Authority.
16 Jan 2014
The Panama Canal, following a widely reported payments dispute with contractors that threatens to delay its expansion, went on the counteroffensive this week with a new website designed to provide “Clarification of the most common doubts about the Expansion.”
Panama Canal expansion work
08 Jan 2014
The Panama Canal Authority said Wednesday it could not negotiate over a new proposal by the consortium that is building its new locks to keep construction work going in the face of its threat to stop work in a dispute over the contractor’s claims for cost overruns.
07 Jan 2014
The Panama Canal Authority on Tuesday has made an offer to resolve its dispute with the contracting consortium that is threatening to suspend construction work on its new locks.
05 Jan 2014
The Panama Canal Authority said Sunday that its analysis of the claims for $1.6 billion in cost overruns by the consortiu
Construction on the Panama Canal expansion. Photo courtesy Panama Canal Authority.
03 Jan 2014
Spain’s public works minister and the chairman of Spanish builder Sacyr will visit Panama this weekend to help resolve a $1.6 billion dispute that is threatening to...
Worker on Panama Canal expansion. Photo courtesy Panama Canal Authority.
02 Jan 2014
The Panama Canal Authority has a contingency plan to fall back on if it cannot resolve its dispute on cost overruns with the engineering consortium that is building its new locks.