The dam should be built at the mouth of the Canal over the Atlantic, since in their usual routes, "A large percentage of vessels arriving at this end of the Canal are empty or in ballast, and they usually already have complied with their cargo contracts. These are the optimum conditions that allow a ship to enter a dry dock for repairs and perform routine maintenance work,” Martesfinanciero.com stated on an article.
The Spanish company Braswell, which already operates a dry dock for Panamax vessels in La Boca, had announced on May 2009, a project for the construction of a dam Post-Panamax, with a 100 million investment, without defining its location. (See Astilleros Braswell invest $ 100 million in Panama).
In September 2009, the Panama Maritime Authority (AMP) said it would bid a concession to operate the Braswell dam, after the company applied to "stay at the Pacific entrance of the Panama Canal for 20 years." (See Panama tender shipyard in 2011).
The Spanish company will make the investment to service post Panamax vessels.
According to Antonio Camil, quality manager of Astilleros Braswell, studies were performed and the location of the dam, whether it will be built on the Pacific or Atlantic side of the Canal, remains to be defined.
After overcoming several bureaucratic obstacles the grain terminal with capacity to accommodate PostPanamax vessels became operational in the Pacific port of Costa Rica.
From a statement issued by from the Ministry of Public Works and Transportation (MOPT):
The new multipurpose dock at Caldera Port, has now been inaugurated, improving Costa Rica's competitiveness and international trade logistics, in addition to promoting development in the province of Puntarenas.
There has been an increases in traffic of neopanamax ships, which now produce revenues of $68 million, as well as extra maritime services that used to go through the Suez Canal.
An article on Prensa.com reports that "...During the first two months of operation of the expanded Canal 130 neopanamax ships were reported to have passed through, most of them container ships, bringing in total revenues of $68 million.Since the expanded Canal opened on June 26, business has been growing, with 2 new services coming from the Suez Canal, said the Canal Administrator Jorge Luis Quijano."
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