The Jan. 20 deadline for a work stoppage on the $5.2-billion Panama Canal expansion came and went without any halt to project activity, but the crisis over an alleged $1.6 billion in cost overruns remains unsettled and has slowed progress.
Contractor Grupo Unidos Por el Canal (GUPC) now proposes that it and owner Panama Canal Authority "co-finance" the disputed costs, until their responsibility is decided by international arbitrators.