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Panama Canal set for record year in tonnage and toll numbers as trade recovers

Monday, July 11, 2011

The Panama Canal is set to turn in a record set of results for the full year ending on 30 September 2011, according to canal administrator German Albero Zubieta.

Zubieta told Efe that the recovery in world trade would help push up tonnage transit and toll numbers, beating previous records for both, with the fiscal year expected to end with revenues of over $2 billion.

"In canal tonnage, the projection will be exceeded, possibly 15-20m tonnes more than we had budgeted," he told the news agency.

Original source: Fruitnet