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ACP
The third set of locks project is a plan to expand the Canal’s capacity composed of three integrated components:
1- the construction of two lock facilities – one on the Atlantic side and another on the Pacific side – each with three chambers, each which include three water reutilization basins;
2- the excavation of new access channels to the new locks and the widening of existing navigational channels; and,
3- the deepening of the navigation channels and the elevation of Gatun Lake’s maximum operating level.
Objectives of the expansion of the Canal’s capacity through the construction of the third set of locks
1- Explanation of the third set of locks project
2- Estimated schedule for the construction of the third set of locks
3- Estimated cost for the construction of the third set of locks
4- Profitability and financial results
Basis for the proposal
1- Background information
2- Demand opportunities
3- The capacity challenge
4- The importance of expanding the Canal’s capacity now
5- Basis for the configuration of the proposed third set of locks
6- Environmental and social aspects of the third set of locks project
7- Water supply
8- Profitability and benefits of the third set of locks project
9- Employment generation and economic benefit for Panama as aresult of the third set of locks
Source: Panama Canal Authority
More on this topic
June 2010
Full document with the Proposal for the Expansion of the Panama Canal - Third Set of Locks Project
The third set of locks project is a plan to expand the Canal’s capacity composed of three integrated components:
1- the construction of two lock facilities – one on the Atlantic side and another on the Pacific side – each with three chambers, each which include three water reutilization basins;
January 2012
MWH Global has won a $4.4 million contract with the Panama Canal Authority (ACP), the Broomfield company reported Tuesday.
MWH will provide preliminary and final design services for the new Gatun Lake spillway, which controls the lake’s water level. The lake provides water for Panama City and flood protection, and also is involved in operating the navigation locks of the Panama Canal.
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.
June 2010
The Panama Canal Authority (ACP) announced today that Dredging International N.V. has been awarded the contract to dredge an area of the Panama Canal's manmade body of water, Gatun Lake. The dredging project is another integral element of the Canal's Expansion Program.
"We are pleased with the competition for this contract for which several premier dredging firms from around the world submitted proposals," said ACP Executive Vice President of Engineering and Program Management Jorge L. Quijano. "The ACP has partnered with Dredging International N.V. in the past and we are confident in its proven expertise to deliver this important component of the Expansion Program. Not only has the ACP benefited from a competitive price that is within the estimated budget, but it is also assured of an effective, high quality execution."
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