The Panama Canal, which celebrated its first centenary in August of last year, plays a crucial role in the global supply chain, shortening the distances to be traveled on trade routes between America and Asia, between America and Europe, as well as between both coasts. From the american continent. The expansion of the canal will allow the circulation of large Neo-Panamax ships, serving the great demands of maritime traffic of modern international logistics.
On April 28, the last of the 16 gates of the new Pacific locks were installed. A few weeks earlier, on April 1, the installation of the 8 rolling gates of the Atlantic had already been completed.
With the installation of all the gates, the canal expansion project now exceeds 87% of its execution. With all the gates already installed in their niches, the process of their electromechanical connection with the other elements of the locks begins. In the following stages, the lock chambers will be flooded over the next few weeks. During the next few months, the first operational tests may take place.
You can expand this information with videos and images on the official website of the Panama Canal expansion project.
The Panama Canal was inaugurated in 1914. International logistics has grown exponentially since then, requiring ever larger cargo ships to meet the demands of economies of scale. This gave rise to the term Panamax, referring to cargo ships that, due to their dimensions, can cross the Panama Canal, and the term Post-Panamax, which refers to ships that, due to their dimensions, are too large to cross the canal. .
Even though maritime traffic is slow compared to air, rail or road transport, when it comes to economies of scale it is still the most economical. What makes most of the foreign trade move in the ports.
All this motivated the expansion project of the Panama Canal, which will allow the circulation of larger ships, giving rise to the term Neo-Panamax that defines the limits of the dimensions of the ships that will be able to cross the canal through the new complexes. of locks.
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