Yacht Insurance News
Canal Cruising Update III
Panama, Suez and Nicaragua Canals

Panama Canal    Suez Canal    Nicaraguan Canal
The Panama Canal- Lock Gates Being Installed

December 20, 2014 - The new "gates" for the Panama Canal expansion are being installed as seen in the video above. Acting like sliding pocket doors, eight new gates for the Atlantic side are being installed now and the first will be operational in January, 2015. The eight new gates for Pacific Ocean side of the project have been delivered and will be installed next.

The Panama Canal expansion of both the canal and infrastructure is close to being on schedule with completion in early 2016.

New Panama Canal Gate Sliding into PlaceInstallation of the new Panama Canal Gates

The Panama Canal- Updated Lock Gates Design

The Suez Canal Expansion
Suez Canal Egypt

December 20, 2014 - Egypt has begun their expansion and infrastructure development of the Suez Canal. Egypt is looking forward to seeing new seaport hubs and industrial zones contribute substantial sums to their economy. The parallel canal being built will allow "two-way" ship traffic for the canals, speeding transit time.

Proposed Route of the Nicaraguan Canal
Nicaraguan Canal

December 20, 2014 - Nicaragau with its Chinese investors is set to have a ribbon cutting ceremony at the Pacific entrance of the proposed canal to kick off the canal project. There still has been no reports for planning, environmental impact or anything else for the canal and massive infrastructure announced earlier this year.

Demonstrations have broken out in the capital Managua and along the proposed route in defiance of the government plans. Chinese surveyors and evaluators have been in Nicaragua on the canal route backed up by Nicaraguan police and military inflaming the local population.

W.R. Hodgens Marine Insurance specializes in yacht insurance for cruising and charter yachts. If you have plans for a trans canal trip or any other cruising, go to our Yacht Insurance Quote Form for a fast quote for your yacht.

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W.R. Hodgens Marine Insurance, Inc.
2015 SW 20th St.,   Suite 102 Fort Lauderdale, FL 33315
Ph: 954-523-6867 Fax: 954-523-6488
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