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Panama+Canal+work+stops+in+%241.6bn+row
Sunday, 09 February 2014 - 12:27
Panama Canal work stops in $1.6bn row
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The Spanish-led consortium working on a project to widen the Panama Canal has said that work at the site has been halted over a disagreement on cost overruns.

The construction group says it is owed $1.6bn.

The Panama Canal Authority (ACP) said the demand amounted to blackmail.

The new lock, which was due to be completed next year, would allow the passage of larger cargo ships in one of the world's busiest maritime routes.
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