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“Courtesy of the Panama Canal Authority”
The Panama Canal connects 144 trade routes
across the globe
“Courtesy of the Panama Canal Authority”
The Expanded Panama Canal
“Courtesy of the Panama Canal Authority”
Panama Canal Expansion Program Components
17.66 M m3
Atlantic Post Panamax
Locks
Existing
Locks
Increase the maximum
operating level of Gatún Lake
Deepening &
widening of the
Atlantic entrance
26.7 m
▼
27.1 m
Access
Channel ►
Deepening & widening of the
Gatun Lake & Culebra Cut
navigational channels
Pacific Post Panamax
Locks
Existing
Locks
▼
8.7 M m3
Post Panamax Pacific Locks Access Channel
49 M m3
NewDeepening &
widening of the
Locks►
Pacific entrance
Maximum size of vessels in existing Locks:
33.5 m
12.04 m
32.3 m
49 m
15.2 m
18.3 m min.
28.3 m max.
“Courtesy of the Panama Canal Authority”
Maximum size of vessels in new Locks:
Summary Schedule of Main Projects with Baseline and Contingency
As of 30 April 2014
Activity by quarter (Q)
Locks
Pacific access channel - phase 1
100%
Pacific access channel - phase 2
100%
Pacific access channel - phase 3
100%
Pacific access channel - phase 4
80%
Dredging of the Pacific entrance
100%
Dredging
Specifications and locks models
Access channel
% Progress
2007
2008
2009
2010
2011
2012
2013
2014
2015
Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
100%
Design and build post-Panamax locks
69%
Deepening and widening of Gatun Lake and
deepening of Culebra Cut
Dredging of the Atlantic entrance
87%
100%
Increase operating level of Gatun Lake
70%
Expanded Canal begins operations
Expansion Program progress
75.2%
Specifications and design
Bidding and contracting
Execution
Baseline*
Baseline
Baseline
* Baseline from 31 December 2006 including contingency
Contingency
against baseline
Beginning of operations
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