Panama Canal Revenues Increase

Friday, March 09, 2001
The Panama Canal reported that toll revenues and total ship transits rose in the period from October through January, the first four months of the fiscal year 2001. In a news release, the canal administration reported $202.4 million in tolls during the four-month period, which came in $2 million higher than expectations. The revenues during the period were $9 million higher than during the same period a year ago, when revenues were $193.4 million. Vessel transits through the 50-mile (80-km) waterway increased by 3.2 percent, compared with the year-ago period, to 4,160 transits, for an average of 33.8 per day. Transits by ships built to the maximum dimensions of the waterway's 1,000-foot (305-meter) by 110-foot (33.5-meter) locks grew 7.5 percent to 1,569 from 1,459 in the year-ago period. Net cargo tonnage through the canal reached 66.4 million long tons in the October-January period, for a 3.6 percent increase over the same period a year ago. The canal passed from U.S. hands to Panama on Dec. 31, 1999, but the administration continues to use the U.S. fiscal year. - (Reuters)

Maritime Today


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

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

People & Company News

Swiber Applies for Judicial Management Instead of Liquidation

Singapore oilfield services company Swiber Holdings Ltd said on Friday it has applied to place itself under judicial management instead of liquidation.   Swiber

Cenac Marine to Christen New Vessel, Donate Barge

A ceremony will be held July 29 at Cenac Marine Services headquarters in, Houma, La. To commemorate the christening of its newest vessel, M/V Quincey Cenac, as

Concordia Maritime Posts Q2 Profit

Facing a “gradually deteriorating market,” Sweden based tanker shipping company Concordia Maritime said it was able to post a profit in Q2 2016 based on high vessel

Finance

Swiber Applies for Judicial Management Instead of Liquidation

Singapore oilfield services company Swiber Holdings Ltd said on Friday it has applied to place itself under judicial management instead of liquidation.   Swiber

US Oil Drillers Add Rigs for 5th Week in a Row

U.S. drillers this week added oil rigs for a fifth consecutive week, Baker Hughes Inc said on Friday, but the oilfield services provider and some analysts cast

Daewoo Shipbuilding: $1.4 bln order Cancelled

Cancelled order part of Statoil's Bressay project. South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd on Friday said a 1.58 trillion won ($1.41 billion)

 
 
Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Repair Shipbuilding / Vessel Construction 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: 0.0955 sec (10 req/sec)