Articles from January 2014

Panama Canal Expansion Plagued with Delays, Overruns, and Competition

January 24, 2014 The Panama Canal’s cost overrun dispute may not only cause a halt in expansion, but give their competition a great advantage. Originally estimated at $5.2 billion, the overall cost to build is now up to $7 billion. Depending how long it take to solve this dispute, building on this century old waterway [...]