• 2018 October 13 08:54

    Panama Canal sets record annual cargo tonnage in fiscal year 2018

    The Panama Canal closed its 2018 fiscal year (FY 2018) with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), which represents a 9.5 percent increase from the previous year, the company said in its press release.

    With this tonnage, the Panama Canal surpasses the cargo projections of 429.4 million PC/UMS tons for FY 2018, as well as the 403.8 million PC/UMS tons registered in FY 2017.

    "The Panama Canal continues to exceed our expectations, reinforcing every day the importance of the waterway's expansion and its impact on global maritime trade," said Panama Canal Administrator Jorge L. Quijano. "This is the results of the efforts of our committed workforce who made this an extraordinary year."

    The increase was driven by the transit of liquefied petroleum gas (LPG) and natural liquefied gas (LNG) carriers, containerships, chemical tankers and vehicle carriers.

    The container segment continued to serve as the leading market segment for tonnage through the Canal, accounting for 159 million PC/UMS tons of the total cargo, of which 112.6 million PC/UMS tons transited the Expanded Canal. Tankers - which include liquefied petroleum gas (LPG) and liquefied natural gas (LNG) carriers - represented the following market segment with 130.3 million PC/UMS tons.

    The next leading segments included bulk carriers (73.7 million PC/UMS tons) and vehicle carriers (49.5 million PC/UMS tons).

    In terms of cargo tonnage, the main routes using the Panama Canal in FY 2018 were between Asia and the U.S. East Coast, the West Coast of South America and the U.S. East Coast, the West Coast of South America and Europe, the West Coast of Central America and the U.S. East Coast and intercoastal South America.

    The main users during FY 2018 were United States, China, Mexico, Chile and Japan. A total of 62.8 percent of the total cargo transiting the Canal has its origin or destination in the United States.

    About the Panama Canal Authority (ACP)

    The Panama Canal Authority (ACP) is an autonomous legal entity of the Republic of Panama in charge of the operation, administration, management, preservation, maintenance, and modernization of the Panama Canal, as well as its activities and related services, so that the Canal may operate in a safe, continuous, efficient manner.




2019 April 26

18:03 Maersk Supply Service awarded major FPSO mooring project
17:42 Bronka Port rolls out new bulk handling capabilities of KOTTA container for bulk cargo owners
17:32 DFDS invests in biofuel start-up
17:06 Concerns remain for global marine underwriting, says IUMI
16:04 Lloyd’s Register announces new range of online training courses for ISO 45001
16:01 New research into glycol freezing enables further savings with the Alfa Laval DuroShell heat exchanger in LNG fuel systems
15:47 Damen’s InvaSave mobile ballast water treatment system goes on tour ahead of IMO deadline
15:04 Port of Antwerp cargo turnover down by 3% in Q1 2019
14:36 Keppel delivers fourth enhanced KFELS Super A Class unit to EnscoRowan
14:11 Yakutia, Russia officials host groundbreaking ceremony at the site of future Zhatai Shipyard
13:38 Zvezda Shipyard hosts keel-laying ceremony for second Aframax tanker for Rosnefteflot
12:03 DEME Offshore and Equinor join hands to study floating concrete substructures for Hywind Tampen floating wind farm
11:54 Marine Façade Port to become a base for a single St. Petersburg public cruise / ferry operator
10:24 Russia’s MARINET OKs the autonomous concept of IQBoat
10:11 Brent Crude, WTI futures close lower at $ 74,19 and $ 64,89, repectively
10:08 Grimaldi starts construction of GG5G Class hybrid freighter
09:41 Baltic Dry Index rises 2.24% pts to 869 points
09:27 Bunker Market this morning, April 26
09:00 IMO launches website for Marine Environment Protection of the South-East Asian Seas project
08:13 MOL recorded ¥6.1 billion in extraordinary loss for FY2018 on its Non-consolidated Financial Statements

2019 April 25

18:06 St. Petersburg port Marine Façade revamped Pier 7 to accommodate two longer cruise ships from 2021
18:05 Bodrum Cruise Port welcomes the First call of the Year
17:05 MOL announces naming ceremony for two newbuilding LNG carriers
16:08 Bumi Armada refinances corporate debt
15:37 Volga Shipping Company starts 2019 cargo shipping season on the Upper Volga
15:08 Bibby HydroMap hold DriX demonstration day at Catapult in Blyth
15:08 NUTEP takes delivery of handling equipment from ZPMC for new Berth No. 38
14:30 Jan De Nul Group extends its fleet with three water injection dredgers
14:08 KCA Deutag awarded a four-year drilling contract extension on North Sea platform
13:52 CMA CGM unveils its vision for a digital customer journey and launches CMA CGM eSolutions
13:52 Bunker prices at Far Eastern ports end week nearly flat
13:08 CNOOC China Limited signs a petroleum contract with PetroChina
12:08 HullWiper signs hull cleaning frame agreement with Equinor ASA
11:08 ONE announces delivery of 14,000-TEU containership “ONE APUS”
10:49 MABUX: Bunker market this morning, Apr.25.
10:24 Brent Crude futures price edges up to $ 74,6, WTI - down to $ 65,79
10:08 Seagull Maritime acquires software company Tero Marine
10:08 Zelenodolsk Shipyard hosts keel-laying ceremony for 10th Grachonok-class special purpose boat
09:49 NCSP and VTB close the Novorossiysk Grain Terminal shares sale deal
09:07 UK’s leading port operator, ABP, appoints new Chief Commercial Officer
09:05 Baltic Dry Index continues to gain, settles at 850 points
08:07 Delta Mariner first to use deepened Nieuwe Waterweg at the Port of Rotterdam
07:23 LNG vessel completes 6,000th Neopanamax transit at the Panama Canal
07:12 MOL announces delivery of VLCC "PHOENIX JAMNAGAR"

2019 April 24

18:15 Cryogas-Vysotsk kicks off full-scale LNG production
18:11 Jiangsu Zhenjiang Shipyard holds steel-cutting for four ASD tugs ordered for Liaoning Longyun Shunze Tug Ltd.
18:07 COSCO SHIPPING Heavy Industry in Yangzhou holds naming ceremony for 400K DWT VLOC
17:30 Final caisson installed for Tuas Terminal Phase 1
17:07 Klaveness Combination Carriers ASA concludes the first contract of affreightment for its CLEANBU fleet
17:05 Oceaneering takes delivery of the advanced subsea construction support vessel
16:37 COSCO SHIPPING signs a strategic cooperation agreement with Yangzhou
16:34 MOL co-own world 6 largest Liquified Ethan Carrier with Reliance
16:26 Port of Vysotsk three-month cargo throughput rose 12% to 5 million tonnes
16:05 Tanjung Bruas Port expands its services to container ships
15:46 HMM to expand cooperation with FESCO
14:41 Primorsk oil port’s throughput rose 5% in Jan-Mar to 14 million tonnes
14:29 Rosmorport picks Oil Terminal Lavna to provide berths for its ships docking in Murmansk
13:42 Ust-Luga Port’s three-month volume up 8% to more than 26 million tonnes
13:35 Port of St.-Petersburg Q1 cargo volumes rise 3% to 14.26 million tonnes
13:22 FPU Akademik Lomonosov completed trials of nuclear power plant