Panama Canal Increases Capacity

A new relay station has increased the volume of vessel traffic to one more per day.

Monday, May 11, 2009

The Panama Canal Authority (ACP) announced today that the second relay station, located at the Cartagena entrance, is operating at 100%.

According to statements by Vice President of Operations Manuel Benítez, "this station allows us to move one more ship per day."

¿Busca soluciones de inteligencia comercial para su empresa?



More on this topic

Natural Gas and the Panama Canal

April 2018

In 2017, 6 million tons of natural gas passed through the interoceanic route, and by 2020 this figure could rise to 30 million tons.

Explained by an increase in supply in the US deposits and of reserves in Australia, the Panama Canal Authority estimates that in the next three years natural gas traffic could grow fivefold compared to the amount reported in 2017.

New Rates for Panama Canal

April 2015

The new Panama Canal toll structure will come into effect on April 1, 2016, except for the new segment of Internal Maritime Cluster which is already in effect.

From a statement issued by the Maritime Authority of Panama:

PANAMA CITY, Panama, April 29, 2015 - The Cabinet Council of the Republic of Panama has officially approved a proposal to modify the Canal tolls structure, following a recommendation from the Panama Canal Authority (ACP) Board of Directors.

Panama Canal: Differential Rates

March 2015

With the new tariff scheme the Panama Canal Authority intends to exploit economies of scale by encouraging the passage of vessels at maximum capacity with lower rates.

The proposal by the Panama Canal Authority (ACP by its initials in Spanish), indicates in short, that larger capacity vessels would agree to transit the neopanamax locks in order to access best rates and take advantage of economies of scale.

The Maritime Industry Impacted by the Crisis

February 2009

Compared to the 2007 record of 8 billion tons in transports, global maritime commerce fell substantially in 2008, dragged down by the crisis.

A good indication of this is the decrease in the Baltic Dry Index, which is composed of the prices of the maritime transportation of dry cargo.

ok