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June 07, 2018

Panama Canal sets new monthly tonnage record

The Panama Canal announced that it set a new monthly tonnage record of 38.1 million tons after facilitating the transit of 1,231 vessels in May 2018.

The previous record was established in January 2017, when 1,260 vessels transited 36.1 million tons through the waterway, just a month after setting the record with 35.4 million tons transited by 1,166 vessels in December 2016.

The container ship segment contributed highest tonnage (36%), breaking its segment record with 13.8 million tons transited by 229 vessels.

Because of the increased cargo capacity offered by the Neopanamax locks inaugurated almost two years ago, the Expanded Canal has received around 3,800 Neopanamax vessels, around 50 percent of which are containerships.

Source: Panama Canal Authority