Pardini & Asociados Image Pardini & Asociados Image

Transit of Vessels Canal to June Up 5.5%

Posted on 2017-10-17

The transit of vessels through the Panama Canal increased by 5.5% in the first half of this year compared to the same period of 2016, going from 6,000 units to 7,000 698 68 units. The month of increased flow was March, when 296 thousand were recorded, followed by January with 260 thousand ships, according to statistics from the Panama Canal Authority released by the Comptroller General of the Republic. 

Revenues from the transit of vessels was one thousand 119 million 560 thousand US dollars, 19.7% more than in the first half of 2016 when it reported 935 million 329 thousand dollars. The volume of cargo moved through the waterway was 122 million 672 thousand long tons between January and June this year.

For its part, the movement of containers in the National Port System rose by 13.2% from 36.93 million metric tons between January and June 2016 to more than 41.82 million metric tons this year, according to the Maritime Authority of Panama.

The amount of bulk cargo mobilized in the various ports of the country grew 10.2% to total more than 18.84 million metric tons. Containerized cargo was 22.61 million tons, 16.3% more than in the first half of 2016 when it was 19.44 million tons. For TEUs, ie, referred to as 20-foot containers, the movement was 3 million 414 thousand 171 tons in the first half, 13.4% growth.


Source: Martes Financiero

Leave a comment

Leave a comment


Display more comments

Ready to do Business in Panama?

Pardini & Asociados offers you the Guide to Doing Business in Panama 2023 completely FREE! Download here!

Get it now

Pardini & Asociados Image