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Panama Canal dry bulk cargo up 8% in first half of FY15

Panama Canal dry bulk cargo up 8% in first half of FY15
The Panama Canal recorded an 8% growth dry bulk cargo to 66m long tonnes in the first half of FY15 (October 2014 – March 2015) compared to the same period in FY14.

The increase in dry bulk cargo was driven mainly by grains, salt, minerals, metals and iron and steel.

Grains registered a record 32.8m long tonnes. The US is the main source for grain trade through the Panama Canal. 

In addition, transits of soybean and corn cargo tonnage continued increasing steadily; though, their increase was moderate compared to sorghum that saw a growth of 85.5%. Salt cargoes grew by 43.2% to 6m long tonnes.

TAGS: Dry Bulk