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.

More on this topic

Panama Opens Canal in Almirante Port

May 2009

With an investment of $3.2 million, a new access channel to the Almirante terminal in Bocas del Toro was inaugurated.

The channel, initiated in August 2007, has a length of 31.8 kilometers, and it is 100 meters wide with a depth of 14.5 meters.

Raúl Castillo wrote in laestrella.com.pa: "The Director General of Ports said that producers from the provinces of Chiriquí and Bocas del Toro are expected to have an opportunity to increase the volume of domestic exports with the first landfall, mainly because the depth of this channel will allow ships to be fully loaded, according to international parameters regarding cargo loads."

Dredging International confirms Panama Canal contract

April 2008

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."

Dredging International also confirmed that the contract is worth some US$177.5 million and will require the assignment of a great variety of very specialised plant: ocean-going heavy rock cutter suction dredgers, trailing hopper dredgess, large backhoe dredgers, and very advanced self-propelled pontoons for drilling and blasting.

AAPA harbors, navigation and environment seminar set for Panama City

May 2008

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.

Said the AAPA: "Since its opening 94 years ago, the Panama Canal has contributed significantly to increasing world trade.

Panama Canal Increases Capacity

May 2009

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

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."

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