Panama Canal launch now expected in June

The expansion of the Panama Canal has now been pushed further back from its scheduled launch in April and will thus open its new locks to larger vessels in June 2016. The project has been delayed for more than a year.

Photo: Hamburg Süd

In early January this year, the Panama Canal Authority confirmed that the large-scale, costly and long-awaited expansion of the vital waterway between the Atlantic and Pacific oceans would not be ready for business in April, as previously announced.

And now the head of the canal authority, Jorge Quijano, confirms according to Reuters that the Panama Canal's new and third set of locks will be completed in late June.

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