German Transport Minister Wolfgang Tiefensee announced the plan last week.
According to a the information service AXS-Alphaliner, the expansion will increase the theoretical maximum vessel size in the canal to 280 meters in length and 33 meters in beam from the current 235 meters to 32.5 meters.
“It has to be acknowledged that this is merely a theoretical figure, since almost all ships of such dimensions will exceed the air-draught limitation of 40 meters, dictated by the canals 10 rail- and road bridges,” said AXS Alphaliner.
The canal, which claims to be the world’s busiest, first opened in 1895, and is a shortcut and fuel saver for ships bound to bound to Russia, Poland, Finland, Scandinavia and the Baltic states.
According to broadcaster Deutsche Welle the project will cost 280 million euros ($441 million), and is expected to be completed in 2018.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now