Panama Canal has posted the latest February update of the Panama Canal Expansion Program

Panama Canal Expansion Program Update - February 2015

The project, which is the largest infrastructure one since the original construction of the Canal, will double its capacity by creating a new lane of traffic along the Canal through the construction of a new set of locks.

The expansion will allow Post-Panamax vessel (with up to 13,000 TEUs) to transit through the waterway, which will directly impact the economies of scale and international sea trade.