Initial excavation will occur in the foreground area of the canal. Pedro Miguel locks are to the right. A Panamanian contractor landed the first construction contract of the $5.25-billion expansion to ...

The Panama Canal Authority (ACP) awarded Constructora MECO, S.A. the third of four dry excavation contracts on Dec. 16 to help create an access channel linking the new Pacific locks with the Canal’s ...

The Miraflores Lake between the Pedro Miguel and Miraflores locks, site of dry excavation. The progress on the third-lane expansion project for the Panama Canal accelerated this week as officials ...

Construction contractors frequently encounter site conditions that differ from those depicted in the plans. When this occurs, the contractor can incur unanticipated costs. For example, in the case of ...