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Panama ports weather the storm in Q1

Panamanian ports have reported healthy cargo volumes figures in the first quarter of 2020, but expect to COVID-19 impact from the second quarter.

Michele Labrut, Americas Correspondent

April 21, 2020

2 Min Read
psapanama
Photo: PSA Panama

After a positive Q1 most port operators forecast they are beginning to see to see the impact on container volumes related to the COVID-19 pandemic, saying it is unlikely the statistics for the second quarter of the year will remain positive.

At PSA-Panama, on the Pacific side, the terminal saw a 11% increase in throughput to 316,157 teu, compared to the same period in 2019.

Cargo volumes were driven by reefers’ high season increased volumes in line with seasonality of last year but with a much stronger base and an increase on empty reefer evacuations to cater for the reefer exports from WCSA (Ecuador and Peru) and increased move count on Transatlantic Services during the months of January and February 2020, PSA-Panama executives said.

 Hutchison’s Panama Ports that administrates the ports of Balboa on the Pacific and Cristobal on the Atlantic reported cargo volumes for 1Q, 2020 of 463,821 teu and 283,520 teu respectively. At the same period of 2019, Balboa suffered a strike which brought the terminals to substantial decreases in cargo volumes of double digits.

SSA Marine’s Manzanillo International Terminal (MIT-Panama), on the Atlantic side had a slight decrease of 2% to 678,334 teu compared to 692,300 teu in the last quarter of 2019. Evergreen’s Colon Container Terminal (CCT) saw a slight decrease 0f 6.6% during the months of January and February 2020. March figures were not available.

Related:Panama port container volumes up 4.7% in 2019

All the terminals have introduced very strict sanitation measures which have increased costs of operation.

“Operations continue within the port and significant effort is being made to maintain a safe environment during the pandemic. Some additional measures the port has taken include checking temperatures of personnel, fumigation and additional disinfecting of work areas, establishing additional workstations, transportation, and eating areas to promote social distancing between personnel, placement of disinfecting agents in all areas of the facility for personnel to use, and providing personal protective gear to all employees,” said MIT executives.

PSA and Balboa have also implemented new measures which vary slightly from one terminal to another. “We are doing internal hygienic campaigns, temperature testing at the entrance of terminal facilities (both for internal and external staff). Lashing workers are provided with masks (N95), goggles and gloves before going onboard. All other employees (Security, Planners) are no longer boarding the ships, duties are carried out virtually (email, phone),” said PSA management.

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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