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The Panama Canal Authority said Tuesday that it wants to end a standoff over the expansion of the canal by splitting construction costs with an international consortium that has threatened to halt work unless the authority comes up with $1.6 billion in extra funding.

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abtest

Panama Canal authority proposes end to dispute

By Juan Zamorano | January 10, 2014 - 2:35am

The Panama Canal Authority said Tuesday that it wants to end a standoff over the expansion of the canal by splitting construction...

World

Panama Canal contractors warn may halt work

January 2, 2014 - 8:35am

The consortium at the heart of a historic Panama Canal expansion project threatened on Wednesday to suspend work due to financial problems caused by a $1.6 billion cost overrun.

World

Workers strike Panama canal expansion project

January 18, 2012 - 5:09am

About 6,000 workers have gone on strike for higher wages at a $5.25 billion project to widen the Panama Canal to accommodate larger ships.