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Panama Canal, South American Expansion Moves Forward - Thursday, January 24, 2013 

The Panama Canal Expansion is moving forward to reach its goal of bolstering the waterway’s capacity in order to provide a better service. 

To date, the program is 50% complete. “The program continues to progress and reach milestones while we focus the next phases on building the locks,” said Panama Canal Administrator Jorge L. Quijano. 

Beginning 2013, the Expansion Program has completed several projects. 

Dredging of the navigational channels has been completed. This included both Canal entrances, on the Pacific and Atlantic sides, as well as Gaillard Cut. The remaining dredging work to be done in Gatun Lake is expected to be completed this year. 

The excavations of the Pacific lock access channel are 70 percent complete. This project calls for the excavation of more than 50 million cubic meters of materials along a 6.1 km span and is executed in four phases. Three of the four phases have been completed and the fourth phase is 69 percent complete. 

In addition, the first shipment of 47 valves, to be used for the operation of the third set of locks, arrived during the last couple of weeks. These valves are part of the Post-Panamax locks electromechanical system that will regulate water flow between the chambers, the culverts and water-saving basin conduit. A second shipment is scheduled to arrive at the end of January. By the end of 2013, a total of 158 valves (culvert, equalization and conduit), 84 bulkheads and 328 trash racks will have arrived for the project. The valves where built in South Korea by Hyundai Samho Heavy Industries. Construction of the new locks has a 37 percent progress. The new lock complexes in the Pacific and Atlantic sides will feature three chambers, three water-saving basins per chamber, a lateral filling and emptying system and rolling gates. 

“We estimate based on the progress that we can begin commercial transits mid-2015,” said the Panama Canal Administrator. 

The Panama Canal Authority is closely monitoring progress on every component of the Expansion Program to guarantee that contractors comply with the quality required by each contract. 

The Panama Canal Expansion Program will be the largest project at the Canal since its original construction and will double its capacity to allow more traffic. 

http://www.maritimeprofessional.com/News/351029.aspx

PANAMA RELATED LINKS

For more information on Panama, see these other sources on the EIA web site:

EIA Country Information - Panama
EIA Regional Indicators- Central America
World Oil transit "Choke Points"

Links to other U.S. Government sites:
CIA World Factbook 2001 - Panama
National Defense University, Institute for National Strategic Studies - Panama 2000
U.S. International Trade Administration, Country Commercial Guide - Panama
U.S. Library of Congress' Country Study Handbook - Panama
U.S. State Department Background Notes on Panama
U.S. State Department Consular Information Sheet - Panama

Banco Nacional de Panamá
Contraloría General de la República Panamá (Statistical Office)
Ente Regulador de los Servicios Públicos
Ministry of Economy and Finance
Panama Canal Authority
Panama - Directorate General of Consular and Maritime Affairs
World Bank on Panama
International Monetary Fund on Panama
Inter-American Development Bank
Unión Fenosa (Edemet and Edechi)
Elektra Noreste, S.A.
Empresa de Transmisión Eléctrica, S.A.
Empresa de Generación Eléctrica Bahía Las Minas (Enron)
AES Panamá (Bayano, La Estrella, Los Valles)
Petroterminal de Panamá, S.A.

MORE PANAMA  sites

• Escritos Históricos del Dr. Alonso Roy

• The Great Adventure of Panama by Philippe Bunau-Varilla, 1920

• InterOceanic Museum of the Panama Canal

• Panama Pacific International Exposition 1915 worlds fair San Francisco, California

• The best Restaurants in Panama

• History of the Panama Railroad

• Kuna Indians Art - Background and history

• The Panama Canal - History

• Records of the Panama Canal Federal Records in the National Archives of the US

• Newspapers and Magazines from Panama

• PANAMA - A Country Study

• Panama Canal Museum - The American Era

• Barwil Agencies S.A., Panama

• Canal Zone Images

• CZ Brats

• Kobbe Kid Album - Panama Canal Zone 1959-1962 by Gary Lee Strong

• Panama Canal Society

• Guide to Panamas Websites

• How the Panama Canal works an animation

• Welcome to Panama Living!

Panama Canal Society Index LINKS

 The Panama Canal Honorary Public Service Award   Society Information  2002 - 2004  Officers, Executive Committee and Committee Chairpersons   Executive Board Meeting Synopsis of Significant Proceedings     Society Area Reporters & Contacts
Membership Information    Activities, Meetings and Dates to Remember    In Memoriam

LINKS TO PRINTS:  from 1494 - 1886

• 1494 Christopher Columbus announces his Discovery

• 1513 Signing of the Panama Contract

• 1735 Navigating the Chagres River

• 1867 Panama Railroad

• 1867 Panama Railroad

Prints from Newspapers 1869 - 1905

• 1869 Opening of the Suez Canal at Port Said

• 1880 Count Ferdinand de Lesseps Portrait from the Daily Graphic New York

• 1880 Count Ferdinand de Lesseps,  Portrait

• 1880 Count Ferdinand de Lesseps,  Portrait

• 1880 Count Ferdinand de Lesseps in Panama

• 1880 Panama Railroad - Colon  

• 1880 French arrive in Colon, Panama

• 1881 Count Ferdinand de  Lesseps The Hero from Suez and Panama

• 1884 Steam Dredge digging the Panama Canal during the French period

• 1886 Menu for Lesseps reception at the Gran Hotel Central Panama

• 1886 The French Canal as planed in Birdseye view map

• 1886 Reception for Ferdinand de Lesseps during his second visit to Panama

• 1891 Panama Canal Company Liquidation Court Trial in Paris France

• 1894 Portrait of Ferdinand de Lesseps from Le Journal

LINKS TO Documents:   from 1880 - 1905

• 1880 Canal Interoceanique de Panama Shares of 500 Francs

• 1880 Canal Interoceanique de Panama Founder Shares

• 1882 Cheque from the French Company for the amount of 1500 pounds

• 1883 Canal Interoceanique de Panama red Shares of 500 Francs

• 1884 Canal Interoceanique de Panama yellow Shares of 500 Francs

• 1884 Canal Interoceanique de Panama Obligations of 500 Francs 3%

• 1887 Canal Interoceanique de Panama Obligations of 1000 Francs

• 1888 Canal Interoceanique de Panama Obligations

• 1905 French Company Liquidation Notice

Postcards and Letters  from 1904 - 1915

• Historic Letters from Panama Lesseps Anniversary 

• 1958 Historic Letter  from Panama 

• 1962 Historic Letter  from Panama 

• Historic Postcard from Panama Canal Construction showing a Section of the Canal

• Historic Postcard from Panama Canal Construction showing the Culebra Cutl

• Historic Postcard from Panama Canal Construction showing excavators at work

• Historic Postcard from Panama Canal showing cranes in the Miraflores Locks (1)

• Historic Postcard from Panama Canal showing cranes in the Miraflores Locks (2)

• Historic Postcard showing the opening of the Gates at Miraflores  Locks

• Historic Postcard showing the SS Honolulan in the Panama Canal

• Historic Postcard showing Sailors visiting the Gatun Locks at the Panama Canal

OIL ENERGY LINKS

For more information, see these other sources on the EIA web site:   EIA - International Energy Data   EIA - Oil Market Basics (trade)  Energy Supply Security - The latest information on events that could affect energy security
Panama   Oil Market Basics: Transportation    World Crude Oil Flows 1997 - Map

WORLD GEOGRAPHY

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