Panama: Cargo Transit Decreases by 3.3%
In the first quarter of 2009, the tonnage of freight transported through the canal declined by 3.3% and ship transit fell by 1.4%.
Thursday, April 16, 2009
The most affected segment of vessel transit was vehicle carriers, mainly due to the sharp drop in car sales in the United States, followed by container ships and cruise ships, which also reported declines.
The Panama Canal Authority has forecast a 5 % drop in cargo tonnage going through the waterway as cargo transit has been badly hit by the crisis.
The 322 million tons that passed through the Panama Canal during the 2011 fiscal year, exceed the load recorded in 2010 by 7.1%, and is 2.9% above the previous record achieved in 2007.
The Panama Canal set a new record of tonnage, reaching 333.7 million Canal tons (PC / UMS) at the end of fiscal year 2012.
In Latin America the ports of Colon and Balboa occupy the first and second place in the ranking of volume of cargo moved.
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