Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

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

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.

Logistics News

Argent LNG, Albania to Evaluate Development of Import Terminal

Argent LNG, Albania to Evaluate Development of Import Terminal

WTO: Global Goods Trade Strengthens Despite Uneasy Politics

WTO: Global Goods Trade Strengthens Despite Uneasy Politics

Kuwait Petroleum Offers Oil, Refined Fuel Outside the Strait of Hormuz

Kuwait Petroleum Offers Oil, Refined Fuel Outside the Strait of Hormuz

Wheat Prices Rise After US Diplomatic Attempts Falter

Wheat Prices Rise After US Diplomatic Attempts Falter

Subscribe for Maritime Logistics Professional E‑News

Travel chaos caused by the protest of Polish train drivers who slow down during safety demonstrations
Poste Italiane acquires Telecom Italia for 66.6% at the end of the offer period
Swiss stocks: Factors to be on the lookout for September 11.