Panama port volumes up 8.8% in first five months of 2021

Port volumes rise in Panama. Image: PSA Panama
Port volumes rise in Panama. Image: PSA Panama

Cargo volumes in Panamanian ports grew by 8.8% to 2.01 teu between January and May compared to same period last year.

Publisert Sist oppdatert

By Marc Allen

According to the Panama Maritime Authority (PMA), Panama’s port volumes have grown by 8.8% in the first five months of this year, compared to the same period in 2020.

Manzanillo International Terminal-Panama (MIT), on Panama’s Atlantic seaboard, leads the increase with volumes of containerised cargo with 671,473teu, an increase of 7.9%.

It is followed by Panama Ports’ Balboa, on the pacific side, which moved 558,060 teu, up 22.7%.

Evergreen’s Colon Container Terminal (CCT), also on the Atlantic side, showed also a significant growth of 19.2% though moving 198,170 teu.

PSA Panama International Terminal, comes third in terms of throughput with 282,223 teu but registered an overall decrease of 3.2%.

Cristobal, which is administered by Hutchinson Ports, also saw a decrease of 6% to 270,381 teu.

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