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Focus on Panama

Panama port volumes grow 8.8% in first five months

Photo: PSA Panama psapanama.jpg
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.

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.