Panama Canal: Tanker traffic up, containerships down

Panama Canal: Tanker traffic up, containerships down The Panama Canal Authority said it handled 3,821 transits in the three months through June 30, 2.5 percent more than in the same 2007 period.
   Tanker transits increased 9.1 percent from 536 to 585 transits, while vehicle carriers increased from 192 to 194 transits.
   Container transits decreased from 902 to 876 transits, and passenger ships increased slightly, from 37 to 40 transits.
   “While we continue to see flat economic trends and a slowdown in growth on a global scale, the Panama Canal experienced an increase in transits and tonnage during the third quarter,” said Manuel Ben'tez, executive vice president of operations for the canal authority.