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.
Central America Infrastructure News
13 Jun 2013
The Nicaragua National Assembly has ratified the government’s commercial agreement with HKND Group to develop the Nicaragua Canal and Development Project.
10 Jun 2013
HK Nicaragua Canal Development Investment Co. is working with the Nicaraguan government on an interocean canal project that could rival the Panama Canal, The Washington Post reports.