March 5, 2015

Nicaragua Canal is humongous project

Did you know that the proposed canal through Nicaragua will be about 172 miles long, while the Panama Canal is merely 51 miles? It will run through Lake Nicaragua, the largest freshwater tropical lake of the Americas. Roads for all the needed equipment are already being built.

Its $50 billion cost will be shared between a Hong Kong company and the Nicaraguan government.

This info seemingly has little to do with Tidewater Virginia. But the Hampton Roads area will see an impact if and when the mega ships using the deeper and wider Nicaragua Canal use our port. The first mega-ships may pass through this canal in late 2019.