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Panama
Canal Transit Slips 1.4 Percent
Panama -
Tonnage falls further as industry weathers
global economic crisis.
Transits of the Panama Canal slipped 1.4
percent in the Canal’s second fiscal
quarter. A total of 3,914 ships passed
through the Canal from January through
March.
Tonnage fell further as fewer large ships
came through. Transits of supers declined
2.9 percent – to 1,815 transits from 1,869.
Overall tonnage dropped 3.3 percent to 75.7
million tons from 78.4 million tons a year
earlier.
General cargo, dry bulk and tanker transits
increased, while refrigerated (reefers),
container, vehicle carrier and passenger
transits decreased.
Average time it takes a vessel to transit
the Canal decreased 27.9 percent to 26.22
hours from 36.39 hours. Canal Waters Time
for booked vessels decreased 19.5 percent to
15.83 hours from 19.66 hours. Use of the
booking system decreased 15.6 percent to
79.56 percent utilization from 94.31
percent.
The official accident rate declined 32.4
percent to 1.02 accidents per 1,000 transits
from 1.51 per 1,000 transits.
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