19 C
Hamburg
Tuesday, June 3, 2025
Home Port News Panama Canal is on a constant rise

Panama Canal is on a constant rise

Jim Newsome once would have laughed at the idea of mega-ships hauling 14,000 containers docking at the Port of Charleston on a regular basis.

That was long before the Panama Canal expansion was completed in July 2016.

“I never thought we’d see that,” Newsome, president and CEO of the State Ports Authority, said of the big cargo ships now making their way through the canal to East Coast ports. “There was a time in my career when I would have told you (5,000-container) ships would be the biggest we’d see.”

The canal recently announced another record for cargo, with 442.1 million tons of freight moving through the waterway in the fiscal year that ended Sept. 30. That’s a 9.5 percent increase over the previous year’s total.

The increase was driven primarily by container vessels, although a wide range of ships — including vehicle carriers, chemical tankers and liquified natural gas carriers — contributed to the gains.

“The Panama Canal continues to exceed our expectations, reinforcing every day the importance of the waterway’s expansion and its impact on global maritime trade,” said Jorge Quijano, the canal’s administrator.

Read more on The Post and Courier.





Latest Posts

DP World, VIMC Lines launch domestic coastal service in Vietnam

DP World, in partnership with VIMC Container Lines (VIMC Lines), has launched the Mekong Express, a new domestic sea-river transport route connecting Vietnam's Can...

Port of Corpus Christi completes channel improvement project

The Port of Corpus Christi in Texas is marking a major milestone in US maritime infrastructure with the near-completion of its long-anticipated channel improvement...

CMA CGM announces new surcharges and rates in Asia

French ocean carrier CMA CGM has announced new surcharges and Freight All Kinds (FAK) rates for shipments from Asia. First of all, the company will...

APM Terminals Moín launches modernisation initiative

APM Terminals Moín in Costa Rica has announced a modernisation project focused on streamlining access to the terminal. The initiative, which began in April 2025,...

Russian shipping operations show mixed trends in 2025

Russia’s maritime landscape is undergoing a gradual but complex transformation as the country adapts to shifting geopolitical dynamics, trade realignments, and logistical reconfigurations. St. Petersburg,...
error: Content is protected !!