Panama Canal bidders given more time

The deadline for the presentation of bids for the design of new locks on the Panama Canal has been stretched by 47 days, the canal authorities said.

Wednesday, May 7, 2008

Four consortiums have qualified to present bids for the contract. Canal authorities said the tender's new deadline still fits within the overall timetable for the expansion project.

More on this topic

Panama Canal Awards Expansion Contract for Quality Assurance Material Testing

October 2009

The ACP announced that it awarded the contract to perform quality assurance material testing to Laboratorios Contecon Urbar Panama, S.A.

After thoroughly reviewing bid submissions and ensuring compliance with its regulations, the ACP confirmed the winner.

Key to the success of the new locks construction, Laboratorios Contecon Urbar Panama, S.A.

Dredging International confirms Panama Canal contract

April 2008

Said the company: "Notification of the contract was given by the Autoridad del Canal de Panamá (ACP), and will secure work for the next four years. The upgrading of the Panama Canal will significantly enhance international trade and navigation (post Panamax vessels), and will include construction of two major complexes of maritime locks – the design of which was developed in the past months by Belgian engineering firms."

Dredging International also confirmed that the contract is worth some US$177.5 million and will require the assignment of a great variety of very specialised plant: ocean-going heavy rock cutter suction dredgers, trailing hopper dredgess, large backhoe dredgers, and very advanced self-propelled pontoons for drilling and blasting.

2009, the year for bids at the Panama Canal

January 2009

From January to March of this year 12 bids will be held, while the new locks are scheduled to put to tender during the second quarter. reports: "According the ACP, four consortiums which pre-qualified to take part in the bidding are preparing their proposals.

Panamanian authorities expand plans for Farfán megaport

April 2008

The government of Martín Torrijos has apparently decided to build three terminals at the port development at the Pacific entrance to the Panama Canal.

However, it's not clear when this will be done. Panama's second vice-president, Rubén Arosemena, says the concession for the megaport development in the Palo Seco area of Farfán must wait until the Assembly approves a contract between the State and the Port Singapore Authority(PSA) to build a container center at the Rodman Quay. Arosemena did not provide details. The PSA says it will invest 70 million dollars in its project.

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