BUSIER, FASTER PANAMA CANAL
FIGURES for the quarter January-March just released by the Panama Canal Authority (ACP) show an increase in net tonnage, total transits and booking slot utilization. There was also an increase in “official accidents”.
Canal Waters Time (CWT), the average time it takes a vessel to transit the Canal including waiting time for passage, decreased.
Panama Canal/Universal Measurement System (PC/UMS) tonnage increased 6.30 percent - to 79.7 million PC/UMS tons from 75 million PC/UMS tons. The steady climb in tonnage was complemented by an increase in traffic, including transits of panamax vessels (the largest vessel that can transit the Canal). Total Canal transits increased 4.7 percent - to 4,052 transits from 3,869. Transits of panamax vessels increased 3.90 percent - to 1,559 transits from 1,501.
"The Panama Canal remains a vital and economically competitive transit system in the maritime and shipping industry. We are keeping up with heightened levels of demand for the waterway - handling more traffic and tonnage - while keeping transit time consistent, if not reduced," stated ACP Maritime Operations Director Manuel Benitez.