I am fluent in two languages: English and autotranslator. Google Translate has been most useful to me. I found out that one canal-deal protestors' sign stated
"Nicaragua is not for sale"
Shows what a bunch of capitalist roaders China has become.
Nicaraguan Canal and Development Project - Wikipedia has some details. Construction officially began on Dec. 22, 2014, and it should be done by 2020. The canal will run from Punta Gorda on the Atlantic Ocean to Brito on the Pacific Ocean, going through Lake Nicaragua. The east and west segments are 126.7 and 25.9 km long with the lake part being 106.8 km long. Both locks will be 3-chambered with the east and west ones being 13.7 and 14.5 km inland of their respective oceans. By comparison, the Panama Canal is 77.1 km long.
That article also has the locks' dimensions, which I will use for the ship clearance: Nicamax.
Panamax - Wikipedia has some other ship clearances. Here's a table:
Length, Width (beam), Depth (draft), Height (air draft)
Nicamax: 520 m, 75 m, 27.6 m, (unknown)
Panamax: 294.31 m, 32.31 m, 12.04 m, 57.91 m
New Panamax: 366 m, 49 m, 15.2 m, 57.91 m
Seawaymax: 225.6 m, 23.8 m, 7.92 m, 35.5 m
Suezmax: (unlimited), 50 m, 20.1 m, 68 m
Malaccamax: 400 m, 59 m, 14.5 m, (unlimited)
Q-max: 345 m, 53.8 m, 12 m, 34.7 m
Chinamax: 360 m, 65 m, 24 m, (unlimited)
Q-max is for Liquefied Natural Gas ships at Qatar.
Seawaymax is for the St. Lawrence Seaway
Malaccamax is for the Strait of Malacca and nearby ports
Chinamax is for Chinese ports
So the Nicaragua Canal will beat most of its competition in capacity, and it will accommodate Chinamax-sized ships. These are now mostly coal and ore carriers, but some supertankers may eventually be built that large.