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Article: Panama Canal Authority Announces Fiscal Year 2006 Second Quarter Metrics.
- Article from:
- PR Newswire
- Article date:
- June 6, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Increase in Tonnage; Spike in Transits of Panamax Vessels; Decrease in Official Accidents
PANAMA CITY, Panama, June 6 /PRNewswire/ -- The Panama Canal Authority (ACP) announced today second quarter (Q2) operational metrics for fiscal year 2006. During Q2, there was an increase in net tonnage, total transits and transits of Panamax vessels. Additionally, there was a decrease in official accidents. Canal Waters Time (CWT), the average time it takes a vessel to transit the Canal including waiting time for passage, increased in Q2 and booking slot utilization remained steady. These metrics are based on operations from January through March, the second quarter of the ...