New open PANAMA CANAL.
The project will create a new lane of traffic along the Canal through the construction of a new set of locks, doubling the waterway’s capacity.
The existing locks allow the passage of vessels that can carry up to 5,000 TEUs.
After the expansion the Post-Panamax vessels will be able to transit through the Canal, with up to 13,000/14,000 TEUs.
The Expansion will double the Canal’s capacity, having a direct impact on economies of scale and international maritime trade.