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Fourth set of locks capable of accommodating post-Panamax vessels in the pipeline
The Panama Canal Authority (ACP) is considering whether to build a fourth set of locks that would run parallel to the Panama Canal’s third set of locks currently under construction as part of the waterway’s expansion.
The fourth set of locks, like the third set of locks, would be capable of accommodating super post-Panamax vessels, according to the JOC‘s sister publication Breakbulk.
Speaking at the American Association of Port Authorities’ (AAPA) Latin America Congress of Ports in Bogota, Colombia, Rodolfo Sabonge, the ACP’s executive vice president of commercial planning and development, said that it is currently evaluating whether increasing customer demand will warrant the build of a fourth set of locks.
“We are looking at the demand and demand is what (will) rule (the project),” he said.
The US$5.2 billion expansion of the Panama Canal is scheduled for completion in June 2015.
