Panama Canal Sets Record in Tons of Cargo

Thursday, March 18, 2004
March 16 was a great day for the Panama Canal Authority (ACP) as a new significant record was set. More than one million (1,005,551) Panama Canal/Universal Measurement System (PC/UMS) tons of cargo were transported through the Canal. This new record breaks the recent July 3, 2003 figure of a recorded 934,488 PC/UMS tons of cargo. Contributing to the tonnage were the Canal traffic of seven container vessels, 11 dry bulk carriers, four vehicle carriers and three cruise ships. Of the seven container vessels, five were 900 feet long. And, of the cruise ships, one ship was 900 feet long and another measured 800 feet. In addition, total Canal revenue, generated from tolls, exceeded three and one half million dollars - totaling $3,563,490.55. "We are very pleased with the new record we have set," said ACP Administrator Alberto Alemán Zubieta. "This clearly proves the Panama Canal's reliability as the route of choice among shippers sending goods to market from Asia to the U.S. East Coast and vice-versa," Alemán added. This new record is a testament to the Canal's successful permanent modernization program, rendering results of greater Canal efficiency and decreased Canal Waters Time (CWT), which ultimately leads to increased capacity. Such projects within the program include: the widening of the Gaillard Cut, the acquisition of new locomotives and the rehabilitation of the locomotive tracks, the addition of new tugboats and the deepening of Gatun Lake.
Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

USCG Free Boat from Ice Near Woods Hole

A Coast Guard crew responded to a fishing vessel trapped in ice in Woods Hole Passage, Woods Hole, Massachusetts, Saturday. At about 3 p.m., the crew of the fishing boat Capt.

Tug Boat Owner Jailed After Crew Man Dies

A tug boat owner was today was given an 8 month custodial sentence after his crew member died trying to reattach a tow line in a violent storm. During today’s hearing at Southampton Crown Court,

ClassNK's Structural Rules for Bulkers & Tankers

The Nippon Kaiji Kyokai (ClassNK) has announced the establishment of its “Common Structural Rules for Bulk Carriers and Oil Tanker” (Rules for the Survey and

Ports

Long Beach Harbor Tour Season

Long Beach Port is once again giving tourists opportunity to enjoy a rare view of port operations on a free Port of Long Beach harbor tour. The organizers are

Mariners Transiting Delaware River Cautioned

The Captain of the Port (COTP) Delaware Bay is notifying mariners that Upper Delaware River lighted buoy 33 (LLNR 3875) and Upper Delaware River lighted buoy

Indian Ports to Set Sail on Corporatization

Indian Finance Minister Arun Jaitley said in Union Budget 2015 that government-run ports in India will be encouraged to corporatize and become companies under the Companies Act.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Pipelines Pod Propulsion Ship Simulators 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: 0.1091 sec (9 req/sec)