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Description
Installation of first floodgate in new expansion of Panama Canal The first floodgate in the new expansion of the Panama Canal was installed on Monday in Panama City. Work began in 2007 to expand the canal with a third set of locks to enable it to handle the modern mega-freighters that global shipping companies prefer. Initially scheduled for completion in 2014, the $5.25 billion project's due date has been pushed back to early 2016. IMAGES