Arab Today, arab today record amount of cargo crosses panama canal
Last Updated : GMT 21:25:08
Arab Today, arab today
Arab Today, arab today

Record amount of cargo crosses Panama Canal

Arab Today, arab today

Arab Today, arab today Record amount of cargo crosses Panama Canal

Panama - AFP

A record amount of cargo crossed the Panama Canal over the past 12 months, largely fueled by economic growth in Latin America, the waterway's top administrator said. Nearly 334 million tonnes of cargo crossed the canal during fiscal year 2011 -- which ended September 30 -- a jump from 322 million tonnes the previous year, said Panama Canal Administrator Jorge Quijano. "The canal no longer solely depends on the world's main economies," Quijano told AFP. Washington was the canal's main customer, with Quijano estimating that 144 million tonnes of goods crossed the canal in fiscal 2011 either destined to or coming from the United States. Second was China (53 million tonnes), followed by Chile (28 million) and Japan (22 million). Other important canal users were Peru (15.2 million), Colombia (14.7 million), Ecuador (14.5 million), Mexico (12.2 million), Panama (12 million) and Venezuela (9.3 million). The canal is currently undergoing a $5.6 billion expansion that will allow it to accommodate ships that can carry up to 12,000 containers. Currently, the largest ships that can navigate the canal can carry up to 5,000 containers. Nearly 45 percent of the canal expansion project have been completed, Quijano said. The project is scheduled for completion by late 2014. Some five percent of international commerce passes through the waterway, an 80-kilometer (50-mile) stretch connecting the Atlantic and Pacific oceans. More than one million vessels have crossed the US-built canal since it was inaugurated on August 15, 1914. The United States handed canal ownership to Panama on December 31, 1999 after managing it for 85 years.pe

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today record amount of cargo crosses panama canal Arab Today, arab today record amount of cargo crosses panama canal

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today record amount of cargo crosses panama canal Arab Today, arab today record amount of cargo crosses panama canal

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday