Marine Log - September 2007 - (Page 2)

September 2007 Vol. 112 No. 9 John R. Snyder Editor ISSN 08970491 MARINELOG USPS 576-910 PUBLISHER: Arthur J. McGinnis, Jr. editorial ASSOCIATE PUBLISHER & EDITOR: John R. Snyder SENIOR EDITORIAL CONSULTANT: Nicholas Blenkey EDITORIAL ASSISTANT: Shirley Del Valle CONTRIBUTING EDITOR: Nigel Kitchen CREATIVE DIRECTOR: Wendy Williams Canal’s expansion begins t started with a big bang. The explosion on Sept. 3 by a major shipping channel was not the result of a terrorist attack, but rather the sound of construction workers beginning the excavation for the expansion of the Panama Canal. The $5.25 billion project will build a third set of locks, which will double capacity and allow more traffic and longer, wider ships. The expansion will include the construction of two lock facilities, each with three chambers— one on the Atlantic side and one on the Pacific side. Workers will also excavate new access channels for the new locks, widen existing navigational channels and deepen navigation channels and the elevation of Gatun Lake’s maximum operating level. The work on Sept. 3 began the dry excavation project on Paraiso Hill for the construction of the new Pacific Locks access channel. The new Pacific Locks access channel will ultimately connect the Gaillard Cut to the new Pacific Locks. The new locks chambers will be 427m (1,400 ft) long by 55m (180 ft) wide, and 18.3m (60 ft) deep—plenty of room for a post-Panamax-sized containership. An interesting aside is that the location of the new locks will use a significant portion of the excavations of the third set of locks project started by the U.S. in 1939 and suspended in 1942 when the U.S. entered World War II. ASSOCIATE ART DIRECTOR: Phil Desiere ART PRODUCTION MANAGER: Todd Blanchard PRODUCTION DIRECTOR: Mary Conyers-Brown CONFERENCE DIRECTOR: Jane Poterala CONFERENCE COORDINATOR: Michelle M. Zolkos CIRCULATION DIRECTOR: Tom Leader A SIMMONS-BOARDMAN PUBLICATION EDITORIAL AND BUSINESS OFFICES 345 Hudson Street New York, N.Y. 10014 TEL: (212) 620-7200 FAX: (212) 633-1165 website: www.marinelog.com e-mail: marinelog@sbpub.com Publishers are not responsible for the safekeeping or return of unsolicited material. SUBSCRIBERS: For customer service or change of address write: Subscription Dept., Marine Log, PO Box 10, Omaha, NE 68101-0010, enclosing old address label or call (800) 895-4389. In Nebraska, call (402) 3464740. Allow six weeks for change. The Post Office will not forward copies unless you provide extra postage. FOR NEW ORDERS: Call toll free (800) 895-4389, Monday-Friday 9 am—5 pm EST. SINGLE COPIES: Write or call the Subscription Dept. (see above). The price for single copies of the Annual Yearbook & Maritime Review issue is $20. Other single copies $14 each. © Copyright 2007 MICROFILM COPIES: University Microfilms International, 300 North Zeeb Rd., Ann Arbor, MI 48106 and Bell & Howell Micro Photo Division, Publication Products, Old Mansfield Rd., Wooster OH 44691 (800) 3219881. FOR REPRINT INFORMATION contact PARS International Corp Phone (212) 221-9595 Fax (212) 221-9195 MARINE LOG, established 1878, is published monthly by Simmons-Boardman Publishing Corporation, 345 Hudson Street, 12th FL, New York, NY 10014 Subscriptions: One year, U.S., Canada and Mexico, $70.00; Two years, $100.00. One year, all other countries, $150.00 or $250.00, if Air Mailed. Two years, $200.00 or $400.00, if Air Mailed. Periodical Class postage paid at New York, N.Y. and additional mailing offices. Canada Post Cust.#7204564; Agreement #41094515. Bleuchip Intl., P.O. Box 25542, London, ON N6C 6B2 POSTMASTER: Send address changes to Marine Log, P.O. Box 10, Omaha, NE 68101-0010 I The new locks will also use tugboats to position ships, rather than the customary locomotives. The new locks will be completed in 2014—in time for the canal’s 100th anniversary. The Panama Canal Authority (ACP) expects the canal’s Panama Canal Universal Measurement System (PCUMS) tonnage volume will almost double in the next 20 years, increasing by an average of 3% annually. The ACP also expects tolls to increase at a rate of 3.5%, doubling current tolls by 2025. A big driver is containerized cargo, which figures to grow annually by 5.6%, from 98 million PCUMS tons in 2005 to 296 million PCUMS in 2025. The expansion is absolutely necessary for the canal to remain competitive for containerized shipping. ACP cites figures from Clarkson Research Studies that indicate post-Panamax ships—those that can’t squeeze through the canal—represent 27% of the world’s capacity of containerized ocean shipping. With more than 250 additional post-Panamax containerships due to join the fleet by the end of 2011, that figure will grow to a total of 670 vessels totaling 4.6 millions TEU’s or 37% of the capacity of the world containership fleet. jsnyder@sbpub.com 2 MARINE LOG SEPTEMBER 2007 www.marinelog.com http://www.marinelog.com http://www.abb.com http://www.abb.com http://www.marinelog.com

Table of Contents Feed for the Digital Edition of Marine Log - September 2007

Marine Log - September 2007 Contents Update Inside Washington High Speed Design Heads into New Waters The National Maritime Salvage Conference & Expo Guide China Aims for the Top Azipods: Just Add Ice Rigdon Scores Newsmakers Tech News Contracts Events Website Directory InfoDirect Ml Marketplace Last Word

Marine Log - September 2007

For optimal viewing of this digital publication, please enable JavaScript and then refresh the page. If you would like to try to load the digital publication without using Flash Player detection, please click here.