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Upgrade for Panama Canal likely in 25 years

Thu, Sep 25, 2014 - 12:00 AM

Delayed: The current US$5.3b expansion - to add a third set of locks to the Panama Canal - is running a year behind schedule due to a costs dispute. - PHOTO: AFP

[COLON, Panama] The Panama Canal, which is in the midst of a massive expansion, will likely get a new upgrade within 25 years to meet increasing capacity demands, its administrator said on Tuesday.

The canal, one of the greatest feats of 20th-century engineering, celebrated 100 years of...

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