Expanding the Panama Canal On Time and Under Budget

Completed in 1914, the project was the most ambitious undertaking by the U.S. Army Corps of Engineers in its time. Today, the $5.25 billion upgrade is in the works.

1 minute read

August 19, 2011, 1:00 PM PDT

By Jeff Jamawat


The Panama Canal is a 51-mile shortcut that connects the Atlantic and Pacific at the Isthmus of Panama. Without it, the logistics of global trade would be vastly different on all fronts as cargo ships and container vessels have to make their ways around South America, wasting both time and fuels.

The existing infrastructure has two sets of locks that allow "Panamax" ships (106' x 965') to pass through. Due for completion in 2014, the expansion will neither truncate the time nor distance for ships that travel in either direction, but it will increase the number of daily passages from 35 to 50 ships and establish a "New Panamax" that is 50% wider and 25% longer, doubling the amount of cargo capacity.

"The expansion is being financed with loans from development banks to be repaid through tolls that currently reach several hundred thousand dollars for large ships. The project is huge by Panama's standards; among other things, the country's largest rock-crushing plant has sprung up, almost overnight, to turn the mountain of excavated rubble into sand and stone for the concrete," writes Henry Fountain of The New York Times.

Tuesday, August 16, 2011 in The New York Times

Aeriel view of white sheep grazing on green grass between rows of solar panels.

Coming Soon to Ohio: The Largest Agrivoltaic Farm in the US

The ambitious 6,000-acre project will combine an 800-watt solar farm with crop and livestock production.

April 24, 2024 - Columbus Dispatch

Large blank mall building with only two cars in large parking lot.

Pennsylvania Mall Conversion Bill Passes House

If passed, the bill would promote the adaptive reuse of defunct commercial buildings.

April 18, 2024 - Central Penn Business Journal

Workers putting down asphalt on road.

U.S. Supreme Court: California's Impact Fees May Violate Takings Clause

A California property owner took El Dorado County to state court after paying a traffic impact fee he felt was exorbitant. He lost in trial court, appellate court, and the California Supreme Court denied review. Then the U.S. Supreme Court acted.

April 18, 2024 - Los Angeles Times

Colorado State Capitol Building

Colorado Bill Would Tie Transportation Funding to TOD

The proposed law would require cities to meet certain housing targets near transit or risk losing access to a key state highway fund.

1 hour ago - Colorado Public Radio

Texas

Dallas Surburb Bans New Airbnbs

Plano’s city council banned all new permits for short-term rentals as concerns about their impacts on housing costs grow.

3 hours ago - FOX 4 News

Divvy Chicago

Divvy Introduces E-Bike Charging Docks

New, circular docks let e-bikes charge at stations, eliminating the need for frequent battery swaps.

4 hours ago - Streetsblog Chicago

News from HUD User

HUD's Office of Policy Development and Research

Call for Speakers

Mpact Transit + Community

New Updates on PD&R Edge

HUD's Office of Policy Development and Research

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.

Planning for Universal Design

Learn the tools for implementing Universal Design in planning regulations.