| Panama project 50% complete

THE Panama Canal Administrator has
confirmed that the Panama Canal Expansion
project is now halfway complete, with finished
works including the dredging of navigational
channels for Pacific and Atlantic Canal
entrances and the Gaillard Cut.
Meanwhile excavations of the Pacific Lock Access
Channel are 70% complete, whilst by the end
of the year it is expected that 158 valves, 328 trash
racks and 84 bulkheads will arrive for use.
“We estimate based on the progress that we
can begin commercial transits mid-2015,” said
the Panama Canal Administrator.