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Focus on Panama

The latest news and developments from Panama, one of the world’s most important shipping nations.

Panama port volumes grow 8.8% in first five months

Panamanian ports cargo volumes grew by 8.8% to 2.01m teu between January and May 2021 compared to the same period last year, according to the Panama Maritime Authority (PMA) statistics.

Michele Labrut, Americas Correspondent

June 18, 2021

1 Min Read
psapanama
Photo: PSA Panama

Manzanillo International Terminal-Panama (MIT), on the Atlantic side leads volumes of containerised cargo with 671,473teu, an increase of 7.9%. It is followed by Panama Ports’ Balboa, on the pacific side, which moved 558,060 teu, up 22.7%.

Evergreen’s Colon Container Terminal (CCT), on the Atlantic, showed also a significant growth of 19.2% though moving 198,170 teu. CCT has, for the first year in three years of decline, returned to positive figures. 

PSA Panama International Terminal, is the third port in terms of throughput with 282,223 teu but registered a decrease of 3.2%.

The other terminal, Cristobal on the Atlantic side, of Panama Ports which is administrated by Hutchison Ports, also saw a decrease of 6% to 270,381 teu.

About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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