NORTH AMERICA

Panama Canal forecasts revenue increase

19 years ago

The Panama Canal is forecasting continuing growth for fiscal 2008, despite the economic problems currently faced by US.

Port Strategy: Canal authority is confident on future financials

Of the $2bn that will constitute total revenue, $1.83bn will come from tolls and related services derived from ships transiting the Canal. So, despite the fall in the numbers of containers and volume of dry bulk noted since the end of 2007, total revenue will continue to rise.