Panama Canal Income Up 3.1%

Thursday, March 29, 2001
Panama Canal October-to-February toll income rose 3.1 percent over the year-ago period to $247.8 million. Transits by ships built to the maximum dimensions of the Canal's 1,000-ft. (305-m) by 110-ft. (33.5-m) locks rose 5.7 percent to 1,915 during the five-month period, the Panama Canal Authority said. Cargo tonnage through the 50-mile (80-km) trade route grew 3.6 percent to 81.8 million long tons during the period, driven by a 10.2 percent increase in containerized cargo to a record 14.2 million long tons. Upgrade work to widen the canal's narrowest point, the Gaillard Cut, to enable 24-hour, two-way navigation has been 93 percent completed, and is on track to finish ahead of schedule in December 2001, the Authority said. Canal revenues rose 0.9 percent to $574.2 million during fiscal 2000. The waterway's financial year runs from Oct. 1 to Sept. 30. - (Reuters)

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Navigation

Raytheon Anschütz Selected as INS Provider for Canada’s OFSV

Raytheon Anschütz Selected as INS Provider for Canada’s OFSV   Thales, a major system integrator in Canada, has chosen Raytheon Anschütz as the supplier of the

Danelec Bags Multiple VDR Orders in Middle East

Danelec Marine, along with distribution partner Elcome International, is to supply Danelec DM100 Voyage Data Recorders (VDRs) for 14 ships in the Middle East.   The

Maritime Future Summit: Digital Shipping

Autonomous ships, smart on-board systems: At the Maritime Future Summit on September 5, industry leaders will discuss the future of shipping. For the first time

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pipelines Port Authority Salvage Ship Electronics Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0460 sec (22 req/sec)