Panama Ports have grown during the first half


Cargo ship docked in Colon Container Terminal port. Colon province, Panama, Central America.
Panama Maritime Authority has published a report highlighting a growing trend in Panamanian ports during the first months of the year. Panamanian ports have grown to 4% from January to April 2015.

The infrastructure that has grown has been the port of Balboa. This port has moved 1,041,000 TEUs in January-April, growing by 4% year-on-year. This port was already the leader in Panama in 2014 in terms of volume movement and experts believe it could be again this year.

In the Atlantic region, the Port of Manzanillo International Terminal, Colon Container Terminal and Cristobal Port mobilized 665 287 TEU, 225 254 and 261 180 TEU TEU respectively. The increase in cargo volumes in all of them was 20% higher than during the same period last year.

Despite the good figures, the data obtained in 2014 and the first months of 2015 still do not exceed the record growth experienced Panamanian ports in 2012. Experts believe that the launch of the Panama Canal expansion, which is scheduled for early next year, it will be a major growth in cargo volumes in the region.

Panama’s economy is going through a time of growth, and today is growing at more than 8% rate.


Ernesto Chong de León, Ernesto Emilio Chong Coronado