Panama Canal Closes Fiscal Year with Record Tonnage

The Panama Canal reached a new tonnage record of 333.7 million Panama Canal tons (PC/UMS) during fiscal year 2012 which concluded on September 30. This figure represents an increase of 11.6 million Panama Canal tons or 3.6% compared to the 322.1 million tons registered last year, and also surpasses the previous 2007 record of 312.9 million tons. (Under PC/UMS, a mathematical formula is applied to the vessel´s total volume or cargo carrying capacity).

PC/UMS tonnage during the most recent fiscal years of the Panama Canal:

FY

PC/UMS
(in millions)

2002

235.1

2003

242.7

2004

266.9

2005

279.3

2006

297.8

2007

312.9

2008

309.6

2009

299.1

2010

300.8

2011

322.1

2012

333.7

During fiscal year 2012, Canal Waters Time (CWT) averaged 25.66 hours. The top market segments during this fiscal year were full container vessels with 119.8 million Panama Canal tons, followed by dry bulk carriers (83.4 million Panama Canal tons) and tankers (51.6 million Panama Canal tons).

The Panama Canal´s fiscal year runs from October 1 to September 30.

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Panama Approves Canal Toll Increase

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