Panama Canal - epoch-making project
ThyssenKrupp Elevator to supply 14 elevators for new locks
The Canal is currently used by some 14,000 ships a year to avoid a two-week trip around the South American continent via Cape Horn. But the ever-increasing size of container ships and tankers means the Panama Canal has reached its maximum capacity resulting in a bottleneck; today the man-made waterway is simply too small for the growing world merchant fleet. The new, water-saving locks will allow the passage of ships up to 366 meters long and 49 meters wide - equivalent to a capacity of approximately 13,000 containers. At the same time, the capacity of the Canal is being doubled. The new set of locks is expected to be operational for commercial use by the second quarter of 2015.
The order underpins ThyssenKrupp Elevator's strategic focus on the markets of the future and continues its success in the growth regions. The team from ThyssenKrupp Elevator has already demonstrated its capabilities and engineering skills in Panama in the past: Based on its long-standing experience in all phases of project management - from planning to installation to regular maintenance - the company supplied and installed 37 elevators and two escalators at the 5-star Hotel Trump Ocean Club in Panama City.
The Elevator Technology business area brings together the ThyssenKrupp Group's global activities in passenger transportation systems. With sales of 5.7 billion euros in fiscal 2011/2012 and customers in 150 countries, ThyssenKrupp Elevator is one of the world's leading elevator companies. The company with more than 47,000 highly skilled employees supplies innovative and energy-efficient products tailored to specific customer requirements. Its portfolio includes passenger and freight elevators, escalators and moving walks, passenger boarding bridges, stair and platform lifts as well as tailored service solutions for all products. 900 locations around the world provide an extensive sales and service network to guarantee closeness to customers.
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