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Panama Canal expansion sets records in 2 year

Jun 29, 2018

3,745 Neopanamax ships have transited through the Panama Canal expansion since the new locks were opened two years ago today, which demonstrates "the efficiency of the route and the confidence built by the maritime industry," said the administration of the interoceanic route.

The Panama Canal Authority (ACP), the autonomous agency responsible for the route, said Tuesday in a statement that the first two years of operation of the canal expansion have been "successful", especially for the good performance of container ships, as well as liquefied petroleum gas (LPG) and liquefied natural gas (LNG) ships.

The new locks, built by a consortium led by the Spanish firm Sacyr and whose cost already exceeds 5,600 million dollars, allow the transit of much larger ships, the so-called neopanamax, which have the capacity to carry around 14,000 containers and transport gas.


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