No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchivePanama Canal Posts Record-Setting Fiscal Year

Panama Canal Posts Record-Setting Fiscal Year

PANAMA CITY (EFE) – A record 14,011 ships carrying 279.1 million tons of cargo, up 4.6% from last year, traveled across the Panama Canal during fiscal year 2005.According to a communique released Monday by the Panama Canal Authority (ACP), the autonomous government agency that operates the U.S.-built inter-oceanic canal, the greater quantity of ships and cargo was brought about by the increased use of the canal by container ships and bulk carriers for grain.Through the fiscal year ending Sept. 30, the number of deep-draft vessels that passed through the canal totaled 12,648, 130 more than in fiscal year 2004, the ACP said.The ACP said there had been 12 maritime accidents this year in the canal’s waters, but that they did not interrupt the normal flow of traffic.

Trending Now

Costa Rica Forms First Symphony Orchestra With Only Women Performers

Costa Rica now has its first symphony orchestra that consists exclusively of women. The Sistema Nacional de Educación Musical assembled the ensemble as part...

Selva Coral: A Structured Real Estate Investment Model for National and International Investors with a Single $15,000 Initial Payment and Comprehensive Financing Support

Jacó, Central Pacific, Costa Rica – Febrero 2026. In an increasingly competitive real estate environment focused on legal security, profitability, and long-term asset appreciation,...

Costa Rica Installs First Sun Meter to Cut Skin Cancer Risk

The College of Physicians and Surgeons installed the country’s first solmáforo at its Sabana Sur headquarters as a pilot project to promote daily protection...

U.S. President Trump Suggests Friendly Takeover of Cuba

President Donald Trump said Friday the United States could carry out a “friendly takeover” of Cuba, citing direct talks with the island’s government as...

Heavy Military Security Surrounds El Mencho Burial in Mexico

Soldiers, National Guard troops and police formed rings of security around a funeral home and cemetery as the body of alleged Jalisco New Generation...

Cuba Charges Six in Deadly Boat Clash With Terrorism Offenses

Cuban prosecutors have formally charged six survivors from a U.S.-registered boat intercepted in territorial waters with terrorism offenses, the Attorney General's Office announced. The...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica