Celebrations took place last week marking the centenary of the first ever ship to transit the Panama Canal. The anniversary came shortly after the recent (1 August) accord between the Panama Canal Authority (ACP) and the consortium Grupo Unidos por el Canal (GUPC) aimed at ending uncertainty about the completion of the construction work on the third set of locks – the biggest project under the US$5.2bn Canal expansion project [WR-14-31]. The expansion project is 78% complete overall and due to begin operating in early 2016, but the centenary takes place amid speculation that a further expansion could be on the cards.End of preview - This article contains approximately 743 words.
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