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’s Corcovado National Park Faces Pressure Over Tourism Growth

Corcovado National Park, one of Costa Rica’s most important protected areas, is again at the center of a debate over how much tourism its...

A Costa Rica Expat’s Funny List of Everyday Pet Peeves

Is it just me, or does it seem like too many people are looking too hard for something– anything– to get upset about? The...

Costa Rica swears in Laura Fernández Friday as second female president

Laura Fernández will be sworn in Friday, May 8, as Costa Rica's 49th president, succeeding Rodrigo Chaves at a ceremony that will mark several...

Spirit Airlines Shutdown Strands Central America Travelers

One day after Spirit Airlines ceased all operations, travelers in Costa Rica, Guatemala, Honduras and Belize are scrambling to find seats on other carriers...

Costa Rica International Reserves Near Record $21 Billion

Costa Rica’s international reserves have climbed to one of the highest levels in our country’s history, nearing $21 billion and giving the Central Bank...

Nayib Bukele Opens 70 More Schools in El Salvador Education Push

El Salvador’s government inaugurated 70 renovated public schools on Sunday as the third batch under President Nayib Bukele’s Dos Escuelas por Día program. The...
Avatar
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel