Bulkers Move Almost Half of Panama Canal’s Q1 Cargo

From October 2014 through March 2015, cargo shipments in dry bulkers through the Panama Canal increased by 8 percent, equaling 66 million long tons in total, the Panama Canal Authority (ACP) said in a report.

During this time, the Panama Canal registered over 2,008 transits of dry bulkers, which is 257 more transits compared to the previous fiscal year. The surge in cargo traffic was driven mainly by grains, salt, minerals, metals and manufactures of iron and steel, the report shows.

Furthermore, dry bulkers moved nearly 50 percent of total Canal cargo and are the second leading vessel type transiting the waterway.

Grains, mainly shipped from the US, registered a record 32.8 million long tons, which correlates to an 8.5 percent increase.

In addition, transits of soybean and corn cargo tonnage continued increasing steadily; though, their increase was moderate compared to sorghum. Sorghum, which is used for industrial processes, including in the preparation of liquors and animal feed, saw an 85.5 percent increase in shipments compared to the same period in 2014.

Salt cargoes also reached record levels, registering 6.5 million long tons for the first six months of fiscal year 2015, an increase of 43.2 percent. Salt shipments originate mostly from Chile and the Pacific Coast of Mexico, and are bound for the United States.

Share this article

Follow World Maritime News

In Depth>

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

CWC World Gas & Power Series: Brazil & the Americas Summit is the perfect meeting place to make contacts…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >