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CSAFE Global

 

FSA

PRESS RELEASE

October 9th, 2015 - The Panama Canal Authority (ACP) said traffic through the Canal for the 12 months ending September 30, 2015 rose 4.3 percent to a record 340.8 million Panama Canal tons (PC/UMS).

The previous record was set in FY2012 when the Canal experienced 333.7 million PC/UMS tons.

The Panama Canal noted that container ships registered the most total tonnage, followed by dry bulk, liquid bulk and car carriers. Compared to the other segments, liquid bulk saw the most notable boost, reporting an increase of 23 percent, or 11.9 million PC/UMS tons, due to booming diesel, gasoline and propane exports from the U.S. Gulf Coast to South America and Asia.

The container ship segment also recorded positive results, seeing a 3.7 percent increase in PC/UMS tonnage year-on-year. Seven new liner services were introduced in January of this year which also contributed to the increase in cargo passing through the Canal: five in the U.S. East Coast-Asia route, one U.S. West Coast-Europe route, and another one on the North-South route.

In addition, the car carrier segment recorded an increase of 5.2 percent as a result of exports from Mexico's West Coast destined to the U.S. East Coast.

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