Jan De Nul n.v. won the contract to dredge the Panama Canal’s Atlantic entrance as part of the canal’s expansion program.
“We are pleased with the competition for this contract for which several premier dredging firms from around the world (Europe, United States and Asia) submitted proposals,” said Jorge L. Quijano, executive vice president of engineering and program management for the Panama Canal Authority. “Not only has the ACP benefited from a competitive price that is within the estimated budget, but it is also assured of an effective, high quality execution. The winning company has previously dredged in this area of the canal; this is why it has the proven capacity to execute this contract without any difficulty.”
ACP awarded the contract to Jan De Nul n.v. for $89.6 million. The tender also included an option to dredge an additional 2.3 million cubic meters for approximately $16.4 million. The ACP has 45 days to exercise the option.
Other bidders included:
Joint Venture Boskalis-Dredging International at $177.6 million;
Van Oord Dredging at $162.2 million;
China Harbour Engineering Co at $116.7 million;
Great Lakes Dredge & Dock Co at $195.9 million.
The Atlantic entrance dredging project ensures that larger, wider ships can reach the new locks. It lowers the Canal bottom to 15.5 meters below the mean low water and includes dredging approximately 14.8 million cubic meters and excavating 800 thousand cubic meters. The area to be dredged on the Atlantic entrance extends approximately 13.8 kilometers. The scope of work also includes widening the existing Atlantic entrance channel from 198 meters to a minimum of 225 meters and the north approach channel to a minimum of 218 meters.
The ACP released its request for proposals for the Atlantic entrance dredging February 27 and held site visits and a pre-tender meeting from April through July. Submissions were received September 9.
The Atlantic entrance dredging is one of several key expansion projects to 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. The ACP expects expansion to be completed by 2014.
Contact Thomas L. Gallagher at firstname.lastname@example.org.