Tanker traffic drops on Panama Canal in January-March quarter

26 April 2010 21:16  [Source: ICIS news]

HOUSTON (ICIS news)--Panama Canal transits for tank vessels smaller than supertankers dropped more than 13% during the January-March quarter compared with the same period of 2009, the waterway authority said on Monday.

The Panama Canal Authority (ACP) said 513 tankers moved through the waterway during the quarter, compared with 594 in the same period last year.

The total number of ships moving through the canal also declined by 1.5%, to 3,854 transits compared with 3,914 in the same period last year.

Supertankers, the largest vessels that move through the canal, declined negligibly to 1,801 transits in the quarter, down from 1,815 transits last year.

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By: Lane Kelley
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