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 Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Wärtsilä to Divest its Shares in Two-stroke JV

Wärtsilä to divest its shares in QMD two-stroke joint venture Wärtsilä announced that it will divest its shares in the Qingdao Qiyao Wärtsilä MHI Linshan Marine Diesel Co.

Hall Joins Bouchard Transportation

Retired Active Duty Coast Guard Commanding Officer Brian Hall has joined Bouchard Transportation Co., Inc., the nation’s largest independently-owned oceangoing petroleum barge company,

SFL Announces Sale of Three Older VLCCs

Ship Finance International Limited (SFL) announced that it has agreed to sell the 1999 built VLCCs Front Opalia, Front Comanche and Front Commerce to an unrelated third party.

Finance

Legislation Grants Funding for EU's EMSA

EU Council Adopts Regulation on EMSA Funding The European Union Council adopted a regulation yesterday to finance the actions of the European Maritime Safety

Wärtsilä to Divest its Shares in Two-stroke JV

Wärtsilä to divest its shares in QMD two-stroke joint venture Wärtsilä announced that it will divest its shares in the Qingdao Qiyao Wärtsilä MHI Linshan Marine Diesel Co.

SFL Announces Sale of Three Older VLCCs

Ship Finance International Limited (SFL) announced that it has agreed to sell the 1999 built VLCCs Front Opalia, Front Comanche and Front Commerce to an unrelated third party.

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1231 sec (8 req/sec)