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

People & Company News

Interactive Map Highlights Shipping's Global Security Threats

Ship owners and managers can now view what security threats a country poses to shipping lines with the click of a button thanks to a new live interactive map.   The

First Damen Tug for Fratelli Neri

Fratelli Neri S.p.A has taken delivery of a Damen ASD Tug 3212. The new vessel, called Luisa Neri, was handed over from Damen Maaskant Shipyards Stellendam in the Netherlands, on 25 January 2016.

Wärtsilä's' BWMS for New Crane Ship Design

A new crane ship designed by Netherlands based Royal IHC, a global leader in offshore, dredging and mining vessels, will feature the Wärtsilä Aquarius UV Ballast Water Management System (BWMS).

Finance

Hempel’s Dynamic Brings Saving for Lemissoler

Global shipmanagement company, Lemissoler Navigation, via its affiliated and managed company Frontmarine Co. Ltd, has achieved significant fuel savings from coating its newbuild 58,

QP, Chevron Ink Offshore Moroccan Deal

Qatar Petroleum has reached an agreement with Chevron Morocco Exploration Ltd., a subsidiary of Chevron Corporation, to acquire a 30% participating interest from

IOCs Stress on OSV Fuel Management Performance

Growing insistence by international oil companies (IOCs) that oilfield contract vessels (OSVs) are fitted with fuel monitoring systems has prompted an upsurge in

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Pod Propulsion Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
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: 0.0960 sec (10 req/sec)