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

Argentina’s Tomás Etcheverry Prepares for Australian Open Challenge

In the competitive ranks of men's tennis, few players have shown the steady climb of Tomás Martín Etcheverry. The 26-year-old from La Plata, Argentina,...

Guanacaste Leads Coastal Recovery in Costa Rica Real Estate

Costa Rica’s real estate market heads into 2026 with steady footing after recent adjustments in high-end coastal areas. Buyers and investors find a landscape...

Dubai Duty Free New Year’s Draw Makes Costa Rican Millionaire

A resident of Costa Rica has claimed a major prize in an international lottery, marking a milestone for not only for him (understatement of...

Maduro’s Cult of Personality and Repression Defined Venezuela’s Lost Decade

Venezuela's Nicolas Maduro, who has been seized by US special forces after more than a decade in power, ruled with an iron fist while...

Crocodiles Share Waves with Surfers at Costa Rica’s Popular Breaks

Surfers in Costa Rica know the excitement of riding the perfect Pacific swell, but at certain beaches, they share the water with an unexpected...

Costa Rica Highway to Close Temporarily for Wildlife Crossing Installations

Motorists traveling between the capital and the Caribbean coast need to adjust their plans this week. Route 32, the key highway linking San José...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica