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Article: Panama Canal Authority Announces Fiscal Year 2006 First Quarter Metrics.
- Article from:
- PR Newswire
- Article date:
- January 18, 2006
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16 percent Drop in Transit Time; Decrease in Number of Accidents; Increase in Usage of Reservation System, Transits by Vessels 900' or More in Length Overall
PANAMA CITY, Panama, Jan. 18 /PRNewswire/ -- The Panama Canal Authority (ACP) announced today first quarter (Q1) operational metrics for fiscal year 2006. Transit time for booked and non-booked vessels dropped. Additionally, net tonnage and usage of the reservation system increased and official accidents decreased. Transits of vessels 900 feet or more in length overall rose, while total Canal transits remained relatively flat. These metrics are based on operations from October through December of 2005, the ...