The Panama Canal Authority reported increases in income from tolls and transit of deep-draft vessels (neopanamax) during the month of January 2021 compared to the same month of 2020.
He National Institute of Statistics and Census of the Comptroller General of the Republic details that by toll, the Panama Canal had revenues of $256,920 dollars during the month of January 2021, registering an increase of 4.5% compared to $245,749 dollars during January 2020.
Through the interoceanic route, 1,160 ships transited in the month of January 2021, while in the same period of 2020 they made the journey 1,283, to mark a decrease of 9.6%.
This movement of ships was mainly affected by a lower traffic of Panamax vessels. For the first month of 2021, 814 Panamax transited, less than the 975 of January 2020, to reflect a drop of 16.5%.
The growth trend in the transit of large ships continues, after 346 ships neopanamax they crossed the road in the first month of this year, registering a growth of 12.3% when compared to the 308 that traveled in 2020.
The different cargo market segments also grew. In the month of January 2021, a transit of 24,726 long tons was registered, while in the same month of 2020 there were 22,527 resulting in an increase of 9.8%.
In this first month of 2021, 4,288,002 MT of bulk cargo was registered vs. 4,612,718 MT in January 2020. The general cargo of January 2021 was 55,803 MT, slightly less than the 60,138 MT of January 2020. For its part, the cargo Containerized grew by 14% after 5,119,287 MT was registered in January 2021 and 4,488,541 MT was recorded for January 2020.
The movement of TEU containers reached a total of 725,230 TEUs, higher than the 681,564 TEUs of January 2020, with a growth of 6.4%.
Meanwhile, the cumulative traffic of the Panama Canal by Market Segment and Type of Lock until the month of February (Fiscal Year 2021) shows that a total of 3,720 vessels transited Panamax (69,82%) and 1,608 neopanamax (30.18%).
A total of 1,395 bulk carriers made the journey, 1,133(30.5%) Panamax and 262(16.3%) neopanamax. Some 1,080 were container ships, 434 (11.7%) Panamax and 646 (40.2%) neopanamax.
While the chemical tankers totaled 838, some 830 (22.3%) were Panamax and the remaining 8 (0.5%) neopanamax. The segment of LNG transporters were a total of 240 that made the route through the route, 239 of them neopanamax which represents a (14.9%) of cargo and 1 of them was a Panamax.
Similarly, 237 tankers have passed the Channel, 175 (4.7%) of them Panamax and 62 (3.9%) neopanamax.
According to forecasts, for fiscal year 2021 (October 1, 2020 to September 30, 2021), 429 million tons of cargo will pass through the Panamanian route.
That figure represents 46 million tons less than the 475 million that passed through the canal during fiscal year 2020. This would be approximately 100 to 125 million dollars in revenue per tonnage, according to the administrator of the channel. ACP, Ricaurte Vasquez.
For fiscal year 2021, the channel expects revenues of 3.3 billion dollars (100 million less than in 2020) in tolls and other services, such as the sale of energy.
"We have a projection that for next year both the tonnage and the number of transits through the Panama Canal“, has considered vasquez in past statements. By the route of the Channel of 80 kilometers, transits 3.5% of world trade, according to the PCAIts main clients are from the United States, China and Japan, and its routes go from Asia to the North American east coast.
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