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Four consortiums compete to build new Panama Canal ship locks
yahoo...afp ^ | 12-14-07

Posted on 12/14/2007 8:40:26 PM PST by george76

Panama will take bids from four international consortiums seeking to build new, larger ship locks for the Panama Canal...

The locks are a key part of the 5.25 billion-dollar canal expansion project begun in September, aimed at doubling the capacity of the 50-mile (80-kilometer) canal connecting two oceans.

Panamanian officials hope the project will be finished by 2014.

The four consortiums now have until August 2008 to present final proposals and price tags to compete for the contract...

The largest ships that now use the canal carry up to 5,000 containers, but after the expansion supertankers and ships carrying as many as 12,000 containers will be able to sail the canal.

Some 14,000 ships, comprising about five percent of annual world commerce, pass through the Central American shortcut between the Atlantic and Pacific Oceans, avoiding the arduous and costly journey around Cape Horn...

(Excerpt) Read more at uk.news.yahoo.com ...


TOPICS: Foreign Affairs; Government
KEYWORDS: maritime; panama; panamacanal

1 posted on 12/14/2007 8:40:27 PM PST by george76
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To: Tai_Chung; DoughtyOne; NormsRevenge; neodad

The bidders are:


2 posted on 12/14/2007 8:46:29 PM PST by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: george76

With this hint of the ice melting around Northern Canada during the summer months...this isn’t exactly a venture that will be helpful or profitable. Adding to this misery....the current rate that shipping pays to cross the Panama Canal is fairly substantial. To get back this five billion, with profit for Panama....there will have to be a 50 percent raise on cost as a minimum...which means everyone will begin to question the value of crossing the canal or passing the cost onto customers. I’m thinking this is a business failure for whoever is funding it.


3 posted on 12/14/2007 8:49:48 PM PST by pepsionice
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To: george76

For sure China, maybe Dubai, Russia, and Haliburton?


4 posted on 12/14/2007 8:52:49 PM PST by neodad (Did you see me lay down the law? I'm the law giver!)
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To: george76

Read the article. Boy was I off.


5 posted on 12/14/2007 8:54:09 PM PST by neodad (Did you see me lay down the law? I'm the law giver!)
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To: george76
I remember the doom-sayers years ago insisting that the Panama Canal would allow Pacific water to mix with Atlantic water, and crossbreeding of different ocean species would be a catastrophe for the oceans' ecology.

I don't hear much about that anymore. And people wonder why I'm not concerned about gorebull warming.

6 posted on 12/14/2007 8:54:10 PM PST by Nachoman (My guns and my ammo, they comfort me.)
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To: george76

new locks eh? ,, so the chinese can get their really big ships thru, no doubt.. how convenient.

we go thru next april , it’ll be our second trip thru,,


7 posted on 12/14/2007 8:55:31 PM PST by NormsRevenge (Semper Fi ... Godspeed ... ICE’s toll-free tip hotline —1-866-DHS-2-ICE ... 9/11 .. Never FoRGeT)
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To: george76

Went through several times on Vincennes. Fun trip. My favorite little know Canal fact is that it’s a north-south trip, with the Pacific side further east than the Atlantic side. Also had some fun liberty in Panama City.


8 posted on 12/14/2007 8:58:55 PM PST by neodad (Did you see me lay down the law? I'm the law giver!)
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To: neodad
A consortium that includes the US-based Bechtel, and Taisei and Mitsubishi corporations of Japan

Of the four mentioned, I'd put my money on this one.

9 posted on 12/14/2007 9:03:29 PM PST by VanShuyten ("The pilgrims had opened with their Winchesters, and were simply squirting lead into that bush")
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To: george76

I’m surprised that Hutchson Whampoa is not on the bidders’ list.


10 posted on 12/14/2007 9:04:03 PM PST by HAL9000 (Fred Thompson/Mike Huckabee 2008)
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To: HAL9000
I’m surprised that Hutchson Whampoa is not on the bidders’ list.

Should be: Hutchison Whampoa

11 posted on 12/14/2007 9:04:48 PM PST by HAL9000 (Fred Thompson/Mike Huckabee 2008)
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To: NormsRevenge

Looks like a fun trip.


12 posted on 12/14/2007 9:06:30 PM PST by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: neodad; BIGLOOK

Do we have any bases left ?


13 posted on 12/14/2007 9:11:42 PM PST by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: george76

I don’t think so. We used to refuel at Rodman, which was a small base on the Pacific side, and the Air Force had Howard AFB. Both have been turned over to Panama.


14 posted on 12/14/2007 9:14:17 PM PST by neodad (Did you see me lay down the law? I'm the law giver!)
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To: george76


Regional woes. There's Tyndall and Howard AFB but I haven't been current.

15 posted on 12/14/2007 9:33:38 PM PST by BIGLOOK (Keelhauling is a sensible solution to mutiny.)
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To: Nachoman
I remember the doom-sayers years ago insisting that the Panama Canal..."

Also from a couple years ago.

Chinese soldiers in the Panama Canal! LIVE Webcam! - Thread 2
http://www.freerepublic.com/forum/a3b34a5a84f5e.htm

16 posted on 12/14/2007 9:56:50 PM PST by Mr Apple ( "VIDEO CHINAGATE" http://video.google.com/videoplay?docid=-2970981220206109356)
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To: Nachoman

Nobody with an IQ above 80 has said that since the 19th century, when a sea level canal was given up.

ALL of the water in the locks, comes from Gatun Lake. Fresh rainwater, that is. All of the water runs downhill with gravity. Fish do not swim from the Atlantic to the Pacific.

(I have transited the canal on sailboats in both directions, under both U.S. and Panamanian operational control.)


17 posted on 12/14/2007 10:00:14 PM PST by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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To: Travis McGee
(I have transited the canal on sailboats in both directions, under both U.S. and Panamanian operational control.)

what a life.

18 posted on 12/14/2007 10:12:38 PM PST by the invisib1e hand (screw the left. did I say that already? screw the left.)
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To: the invisib1e hand

It’s a nerve wracking experience, like being a mouse in the elephant house. They usually put you in behind giant ships. There are 6 locks to transit, each can be a totally different experience. But Panama is great, I highly recommend a visit there. If taking a cruise, sign up for one that transits the canal, it’s an amazing experience.


19 posted on 12/14/2007 10:17:45 PM PST by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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To: george76

I wonder if there is any old freeper out there that helped to build the locks or if any freeper has stories to tell from old relatives or friends that help build the locks.


20 posted on 12/15/2007 1:28:49 AM PST by ReformedBeckite
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To: NormsRevenge

If you could, I have been thinking of taking a trip through the locks. Can you tell me if it is worth it?
Enjoyable or just like going through the river locks here in the states and no big deal?


21 posted on 12/15/2007 3:37:42 AM PST by Joe Boucher (An enemy of Islam)
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To: ReformedBeckite

I lived in Panama for 5 years. Class of ‘86 from Balboa High School.


22 posted on 12/15/2007 3:39:06 AM PST by Tai_Chung
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To: Joe Boucher

They charged a guy 26 cents back in 1928 for swimming the canal because the bill was based on the weight.


23 posted on 12/15/2007 3:43:52 AM PST by Tai_Chung
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To: Tai_Chung

Now that’s funny.
But I don’t think I’ll be attempting to swim the damn thing.
Maybe do a lap or two in the ships pool while in transit. And then only if I can be sipping a rum drink while doing it.


24 posted on 12/15/2007 3:49:23 AM PST by Joe Boucher (An enemy of Islam)
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To: Tai_Chung

a man, a plan... I guess you know the rest.


25 posted on 12/15/2007 6:53:01 AM PST by the invisib1e hand (screw the left. did I say that already? screw the left.)
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