Panama Canal revenues up 9.1%

Postpanamax ships using new locks

Panama Canal revenues climbed 9.1 percent to $2.082 billion between January and October, up from  $1.908 billion in the same period of 2017, according to official statistics released Monday. 

October was the month with the best performance in the period, with revenues of $217.68 million2.74% more than the $211.76 million in September

In the first 10 months of this year the Canal, which accounts for around 6% of world trade, recorded a total of 11,504 transits, 0.89% more than the 11,401 of the same period of 2017.

Between January and October, 2,160 transits were made by Neopanamax vessels through the new Canal locks, 31.2% more than the 1,646 in the same period of 2017.