Expanded Panama Canal Reaches Milestone Of 2000 Neopanamax Transits

The expanded Canal continues to exceed expectations by reaching the 2,000th transit neopanamax today, confirming the impact of the route on maritime trade for its advantages as a safe, reliable and efficient service.

The COSCO Yantian container ship, COSCO, completed the 2,000 transit through the expanded Canal, heading north (from the Pacific to the Atlantic).

COSCO Yantian _panama Canal Transit_Expanded
Image Credits: micanaldepanama.com

The vessel measures 351 meters in length (long) and 43 meters in length (width) with a carrying capacity of 9,504 TEUs (20 foot containers).

“In 15 months of operations the expanded Canal has had an impact on the shipping industry realigning shipping routes. This trust of our clients reinforces our commitment to continue improving the service we provide, with the objective of attracting higher revenues and generating greater profits for the country, “said Channel Administrator Jorge Luis Quijano.

Expanded Panama Canal_Transit
Image Credits: micanaldepanama.com

The container ship is located in the Pacific East Coast 2 (PEX2) line service with a rotation on the Asia-Caribbean route.

Transit 2,000 marks a new step for the Expanded Canal, which since its opening on June 26, 2016 serves several segments of ships, most of them container ships, liquefied petroleum gas (LPG) and liquefied natural gas (LNG) , which is a new segment for the interoceanic route. Other segments such as bulk carriers, tankers, car carriers and cruisers have also transited the expanded Canal.

Expanded Panama Canal
Image Credits: micanaldepanama.com

The container segment represents more than half of the transits through the expanded Canal. 54% of the cargo transiting the inter-oceanic route on container ships uses the expanded Canal, followed by LPG and LNG vessels representing 29.2% and 8.6%, respectively.

COSCO_Neopanamax
Image Credits: micanaldepanama.com

 

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