Panama Canal Sets New Annual Tonnage Record in 2018

The Panama Canal has set a new annual record for the total amount of tonnage that passed through the waterway over the course a fiscal year, recording a total tonnage 442.1 million Panama Canal tons (PC/UMS) in FY 2018. This amounts to a 9.5 percent increase compared to 2017, when 403.8 million PC/UMS passed through the Canal. The figure also surpasses forecasted estimates … [Read more...]

Panama Canal Sets New Annual Tonnage Record

The Panama Canal closed its 2018 fiscal year (FY 2018) with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), marking a 9.5 percent increase from 2017. The total tonnage for the year is greater than the 429.4 million PC/UMS tons forecast for FY 2018, as well as the 403.8 million PC/UMS tons registered in FY 2017. The Panama Canal Authority said the increase … [Read more...]

Panama Canal Expecting 234 Cruise Ships This Cruise Season

The Panama Canal Authority said it expects to receive approximately 234 cruise ships through the Panamax and Neopanamax Locks during the upcoming 2018-2019 cruise season. The first transit will occur on Oct. 5 with the Seven Seas Mariner, on a northbound transit traveling from the U.S. West Coast to the U.S. East Coast. “As the second full cruise season with the Expanded … [Read more...]

Panama Canal Sets New Daily LNG Record

The Panama Canal Authority says it has reached a new milestone with the successful transit of four liquefied natural gas (LNG) ships with beams of up to 160 feet (49 meters) in a single day through the Neopanamax Locks. With this milestone, the Panama Canal breaks the record set on April 17, 2018, when three LNG vessels transited through the waterway on the same day. The … [Read more...]

Panama Canal Head Expects Fewer China, U.S. Ships if Trade War Escalates

By Elida Moreno PANAMA CITY, Sept 14 (Reuters) - Fewer ships from China and the United States could use the Panama Canal if trade tensions escalate between the two economic giants, but the dip could be offset by grain exports from north Brazil, the head of the organization that operates the waterway said. The canal, which cuts through Panama creating an essential … [Read more...]