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WORLD SHIPPING

Expanded Panama Canal completion again delayed till second half 2015
Expanded Panama Canal completion again delayed till second half 2015


THE completion date of the locks on the Pacific side of the Panama Canal has been postponed until June 2015, said the Panama Canal Authority, having previously said all would be done in April 2015.Friday, 01.Nov.2013, 20:54 (GMT)
Expanded Panama Canal completion again delayed till second half 2015

THE completion date of the locks on the Pacific side of the Panama Canal has been postponed until June 2015, said the Panama Canal Authority, having previously said all would be done in April 2015.

The delay was caused by a re-evaluation and modification of the logistics and duration of the locks' electromechanical works, the Panama Canal Authority said, reports Newark's Journal of Commerce.

Had the locks been completed next April they would have been opened to commercial traffic in mid-2015. The agency had planned to test its own transits between April and mid-2015.

Owing to the delay, the locks will likely be opened to merchant shipping in the second half of 2015 following the required transit testing period.

As for the locks on the Atlantic side of the Canal, they are still scheduled for completion in March 2015.

Originally, the Panama Canal expansion programme was slated for completion in 2014, but was delayed to April 2015.


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