Containerized cargo in Panamanian ports grew by 32.2% in 2007

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

30 Jan 2008

Panama Maritime Authority (AMP) Administrator Fernando Solorzano says that containerized cargo moved in Panamanian ports grew by 32.2% in 2007 to 4,003,731 TEU. It was the first time that cargo volume passed the record figure of 4m TEU.Colon Container Terminal (CCT) throughput grew by 14.9% to 705, 252 TEU; Manzanillo International Terminal (MIT) volume decreased by 3.9% to 1,279,903 TEU; Panama Ports Co Balboa cargo increased by 85.5% to 1,833,778; Panama Ports Cristobal throughput increased by 106.2% to 166,641 TEU.''The excellent performance of Panamanian ports is mostly due to the expansion carried out at all the terminals during the past two years and by the constant growth of transshipment business'', says Mr Solorzano.