Strike Likely at Panama Canal's 3rd Set of locks Project

by Joseph R. Fonseca
Monday, August 10, 2015

The Panama Canal Authority (ACP) has learned of the National Union of Workers of Construction and Similar Industries (SUNTRACS) notice to strike issued to Grupo Unidos por el Canal (GUPC). GUPC is the main contractor for the Canal's third set of locks project, which is currently 93 percent complete.

The ACP has repeatedly appealed to both sides to reach an agreement on matters that, by law, only pertain to dealings between GUPC and SUNTRACS members. The ACP, although the ultimate owner of the project, is in no way responsible for labor issues arising from any failure on the part of GUPC to meet labor demands by its subcontractors.

On the contrary, the ACP is deeply concerned about the situation and is following closely the developments on the matter as its business may be impacted directly if the work is not carried out efficiently and promptly to deliver the project on time. 

We look forward to the prompt resolution of this impasse by GUPC and SUNTRACS and will be sure to update all relevant parties as the situation develops.

Categories: Contracts Government Update Legal People & Company News People

Related Stories

HII Names Taylor to Leading Vessel Design Spot at Newport News Shipbuilding

US, Australia Sign Critical Minerals Agreement, Back Submarine Deal

Chinese Sanctions on Hanwha Put $150B South Korea-US Shipbuilding Plan at Risk

Current News

Maersk Shares Q3 Report Above Forecast, Warns Falling Freight Rates Will Impact Q4

AD Ports Signs Deal for Minority Stake in Latakia International Container Terminal

Trade Deal Props U.S. Soya Shipments on Vessels to China

Combi Freighter 5000 ICE Vessel Design Debuts

Subscribe for Maritime Logistics Professional E‑News