PANAMA is planning a $US5.25 billion ($A7 billion) expansion of its canal to handle a new generation of mammoth cargo ships and oil tankers.
Built at a cost of 25,000 lives and opened in 1914, the Panama Canal was considered a masterpiece of engineering. While much of it is made up of roomy lakes, modern bulk ships are too wide and too long to fit in its narrow lock systems, meaning Panama needs to expand the canal or risk losing business.
"We must be ready to dare all for our country. For history does not long entrust the care of freedom to the weak or the timid. We must acquire proficiency in defense and display stamina in purpose." - President Eisenhower, First Inaugural Address
Tuesday, April 25, 2006
Panama canal expansion?
Maybe, see here:
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