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Showing posts from May, 2015
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Caribbean Nations Urged to Take Advantage of Panama Canal Expansion June 8, 2014  | Posted by  Tracy Tagged With:  Caribbean nations ,  Caribbean Trading ,  panama canal ,  Panama Canal Exansion 17       8     0 Google +   0 Reddit   0     1     2   PORT-OF-SPAIN, Trinidad – Caribbean countries are being urged to position themselves to take advantage of greater trading opportunities that may derive when the  Panama Canal Expansion project is completed  and commissioned by the first quarter of 2016. When it is completed, the Panama Canal will be able to facilitate the crossing of larger ships between the Pacific and Atlantic Oceans, and, as a result, there would be a need to set up at least two transshipment points in the Caribbean. Rodolfo Sabonge, expert external adviser for the U.S.-based management consulting firm McKinsey and Co., ...
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Courtesy Atlanta Black Star Panama Canal Expansion: What the Facts Reveal Gatún Lake Defense Committee – 12 May 2015 The Background While the Panama Canal was still under construction it was already being said was that it was too small. As a result of the first World War, the US began adding a third set (lane) of larger locks for the nation's then perceived naval needs, but that effort was halted by the onset of World War II (WWII). However, between those two wars, Madden Dam was completed creating Madden Lake – which was renamed Lago Alajuela by Panama when the Canal and the “Zone” (territories pertinent to the Canal) were transferred to Panama. Madden Lake allowed the Canal locks to be operated in the normal – faster mode – through the dry season months. (The Panama Canal's original locks can be operated in a mode that expends about half the normal water per transit. It is important to note that when water is to be conserved, fewer ships will transit ...