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Panama Canal reaps less income but bigger profits

Monday, November 8, 2010


The decline in the movement of ships through the Panama Canal amounted to 2.1 percent through August this year compared with the same period of 2009.

The 9,757 ships registered in last year’s period dropped to 9,553 this year. In financial terms, however, financial authorities noted a gain.

At the end of the 2010 fiscal year at the close of September, the canal earned $1.482 billion in tolls, up from $1.438 billion a year earlier.

Original source (in Spanish): La Estrella