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Panama Canal Purchases $20.5 Million in Sheet Piling

Panama Canal Authority awarded a $20.5 million contract to supply Gerdau Ameristeel sheet piling.

Friday, September 18, 2009

L.B. Foster, from Pittsburgh, was the winner of the contract, which is part of the Panama Canal Expansion.

Gerdau Ameristeel sheet piling piling is used to create rigid barriers for earth and water. They will be used in the excavation of the Pacific Access Channel and the construction of the Borinquen Dam.

The first delivery is scheduled for October 2009 with 3 additional shipments of equal size by the end of January 2010.

Source: reuters.com

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Widening of the Panama Canal Panama Canal Infrastructure & Construction Metallurgy Logistics Infrastructure and Construction

Panama Canal Expansion: 70% of Contracts Already Awarded

October 2009

Up to September, the Panama Canal Authority had awarded contracts for $3.674 million, 70% of the total cost of the project.

One of the most important contracts remaining is the one involving dry excavation for ship navigation on the Pacific side.

Newspaper Prensa reported: "In its last quarterly report, the institution reported the awarding of the largest contract: the $3.118 million construction of the third set of locks, won by Group Unidos por el Canal".

Canal Works to Start in September

August 2009

Before August 19, the Panama Canal Authority will order for starting construction of the third set of locks of the Panama Canal.

7 days after the Canal Authority gives the order, the consortium "Grupo Unidos por el Canal" (GUPC), will have 1.883 days to complete the project.

Canal Locks Contract Awarded

July 2009

The PCA announced yesterday that Consortium Grupo Unidos por el Canal will design and build the waterway's new set of locks.

The award is done after verifying the financial capability of the consortium and that its members have not broken any of the rules imposed by the Panama Canal Authority (PCA).

Canal Expansion from Within

June 2009

Over $5 billion in total investment, 12.6 million cubic meters of earth removed, 2,600 workers and the world's largest dredger.

Withstanding high temperatures and humidity, the 1,389 operators who are currently working on the expansion project are making a great effort so that the companies that got the expansion contracts can meet established deadlines.