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ACP Awards Dredge Design/Build Contract to IHC Beaver Dredgers

On March 14, the Panama Canal Authority (ACP) awarded a $95.920 million contract to design and build a cutter suction dredge to IHC Beaver Dredgers B.V.

The new 12,000kW dredge will replace the Mindi, which has been in service at the canal since 1942 and has only a 9,000kW capacity. With an expected delivery date of May, 2011, the new dredge will have the modern equipment, systems and components required for efficient operation.

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