Panama's
Balboa, Cristobal ports see recovery in container transit
Panama's
container transit at Balboa and Cristobal ports has shown a positive trend
towards recovery after a slump in February, with significant increases in May.
Source: Reuters
(Panama Business News). Panamas Ports
Authority On Monday June 22nd Said That Container Transit Along Its Balboa And
Cristobal Ports Saw A Positive Trend Towards Recovery Following The Slump In
Transit Seen In February After The Government Annulled Key Contracts And Took
Control Of The Administration Of The Ports The Balboa Port.
Panama's
Ports Authority on Monday said that container transit along its Balboa and
Cristobal ports saw a positive trend towards recovery following the slump in
transit seen in February after the government annulled key contracts and took control
of the administration of the ports.
The Balboa
port, on the country's Pacific coast, saw container transit reach 221,536 moves
in May from the 153,840 registered in March, while the port of Colon, on the
Atlantic coast, saw container transit hit 71,096 in May compared to March's
46,408.
Panama's
Ports Authority on Monday said that container transit along its Balboa and
Cristobal ports saw a positive trend towards recovery following the slump in
transit seen in February after the government annulled key contracts and took control of the
administration of the ports.