Panama Canal traffic up 2.5% in Q2
A total of 3,821 boats travelled through the Panama Canal in the April-to-June period this year, 95 more than did so last year. It's a 2.5 percent increase, according to the state agency that administers inter-ocean navigation.
Tuesday, July 29, 2008
"Although we are seeing a slowdown in growth of the world economy, the Panama Canal increased its traffic, both in transit and tonnage, during the quarter," said the executive vice-president of operations of the Panama Canal Authority, Manuel Benítez.
With an investment of $3.2 million, a new access channel to the Almirante terminal in Bocas del Toro was inaugurated.
Said the company: "Notification of the contract was given by the Autoridad del Canal de Panamá (ACP), and will secure work for the next four years. The upgrading of the Panama Canal will significantly enhance international trade and navigation (post Panamax vessels), and will include construction of two major complexes of maritime locks – the design of which was developed in the past months by Belgian engineering firms."
The AAPA Harbors, Navigation And Environment Seminar is due to take place in Panama City, Panama, May 20-22nd, and will have a focus on environmental management, navigation and port sustainability.
A new relay station has increased the volume of vessel traffic to one more per day.
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