Panama Canal achieves new record in May and exceeds 38 million tons

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  • Wed, 06/06/2018 - 19:56
Canal de Panama
  • @canaldepanama

The Panama Canal reported today that it achieved a new tonnage record last May, when a total of 1,231 vessels crossed the water route with 38.1 million tons of CP/ SUAB.

"This new historic milestone is further proof of the continued confidence of the maritime industry in the Panama Canal and the impact it will have on the future of global maritime trade," said interoceanic waterway administrator Jorge Luis Quijano.

The Panama Canal Authority (ACP), the autonomous entity that manages the route, said in a statement that the segment that contributed the most to this new brand was container ships, since they accounted for 36 percent of the total vessels that crossed the road and transported 13.8 million tons of CP / SUAB.

The institution recalled that the previous tonnage record was established in January 2017, when 1,260 vessels crossed the line with 36.1 million tons of CP / SUAB.

June 26 marks two years since the inauguration of the expansion of the Panama Canal, which was built so that the so-called neopanamax could cross the Canal, which can carry up to 14,000 containers.

"After almost two years of its inauguration, the expanded Canal has received around 3,800 neopanamax vessels, of which about 50 percent corresponds to container ships," the ACP said.

Container transport continues to be the main business of the water route, but the new locks have allowed the Canal to open to other products, such as liquefied natural gas (LNG) or large cruise ships.

Through the canal, built by the US at the beginning of the last century and transferred to Panama on December 31, 1999, close to 6 percent of world trade passes and more than 140 maritime routes and 1,700 ports in 160 different countries are connected


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