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Panama ports container volumes grow 7.5% in Q1Panama ports container volumes grow 7.5% in Q1

Panamanian ports posted a healthy container volumes growth of 7.5% during the first quarter of this year, compared to the same period in 2020 according to the Panama Maritime Authority statistics department.

Michele Labrut, Americas Correspondent

April 20, 2021

1 Min Read
Maersk vessel calling at Balboa
Photo: Hutchison Ports

Box volume grew to 2.09m teu in January to March, up 7.5% from 1.94m teu registered the year before.

For the first time in a couple of years, Evergreen’s Colon Container Terminal (CCT) was out of the red, posting an increase of 5.9% with 191,002 teu. Also on the Atlantic side, Manzanillo International Terminal (MIT-Panama) volume grew by 5% to 678,343 teu.

 Balboa, on the Pacific side and administrated by Hutchison’s Panama Port Company, saw an increase of 24.4% to 589,668 teu while the Atlantic terminal, Cristobal, registered 0.3% increase to 284,286 teu. PSA-Panama, posted a decrease of 6.1% with 300,457 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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