Installation of the first steel rolling gate on the Atlantic side of the Panama Canal marks a major milestone in the massive expansion project. “This year, the Expansion Program completed several milestones towards the completion of the project,” said Panama Canal Administrator Jorge L. Quijano. “The Expansion will double our tonnage capacity and reinforces our continual commitment to provide greater service to our customers.” The enormous steel structures weigh an average of 3,400 tons, though gates vary in size depending on their location, Pacific or Atlantic, and their position on the locks chambers. The tallest of the gates is the equivalent of an 11-story building. All gates should be installed by mid-2015.
World Reports
News about Panama Canal, Latin America, Green Economy, and much more!
by Patty Rasmussen
Related Articles
Top Economic Development Groups: Recession-Proofing The Economy
Top-performing economic development groups apply lessons learned during the downturn. When the global financial markets reached meltdown status in the fall of 2008, very few envisioned a time when a handful of U.S. cities would reach unprecedented heights of economic prosperity.
Playing for Keeps
Playing for Keeps: A new video game studio marks the return of a native son to Montréal
European Industry Clusters Form in 1999’s Top 10
Editor’s note: This feature is a follow-up report on “Europe’s 1999 Facility Race,” which appeared in the July 2000 Site Selection. This article goes beyond the ranking and looks at which industries are hot and which are not in the top European markets. To be or not to be — in the European Monetary Union […]
IAMC Insider, Site Selection magazine, January 2003
I was very impressed with the content of the sessions. In each one, there was at least one nugget I could take away and apply to my own situation. Charles Veley, Director, Global Real Estate, United Technologies Corp., on the proceedings of the inaugural IAMC Forum in Savannah, Ga. Westin Innisbrook Hotel, […]