The Panama Maritime Authority (AMP) reports that
all terminals in Panama saw strong growth over the past seven months, with an
average increase of 18.5% and a total volume of 5.59 million TEUs. At Colon
Container Terminal (CCT), owned by Evergreen Marine, volumes rose by 22.3%. The
terminal recently bought 12 hybrid RTGs for $23 million to improve efficiency
and environmental sustainability. CCT’s President, William Elliott, said that
increased volumes from Asia and changes in shipping routes due to the Red Sea
crisis have driven this growth, as has congestion in other Caribbean ports. SSA
Marine’s MIT terminal grew by 10.5%. General Manager Manuel Pinzon noted that
the Panama Canal’s reduced transit numbers and vessel draughts, due to low
rainfall, have led ocean carriers to use Panama’s land bridge more effectively.
This has increased container volumes handled by SSA Marine MIT and other
terminals in Panama.

