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According to figures, the Panama Canal transited a total of 13,548 vessels during its FY17, representing a 3.3% increase compared to totals the year before.
Following the close of its 2017 fiscal year (FY17), the Panama Canal, Panama City, Panama, announced that the waterway welcomed a record 403.8 million Panama Canal tons (PC/UMS) of cargo in FY17, the largest amount of annual tonnage ever transited in its 103-year history.
Houston was targeted due to it having one of the highest metropolitan GDP’s in the country and being one of the chief beneficiaries of the recently expanded Panama Canal.
This system, manufactured by Quintiq, a Radnor, Pa.-based division of Dassault Systèmes, will transform how the Panama Canal plans and schedules transit operations.
The Panama Canal will launch a state-of-the-art vessel scheduling and maritime resource management system to further optimize costs, improve safety and increase overall efficiency and reliability.
JAXPORT’s ongoing investment in building the port of the future is on display as three state-of-the-art 100-gauge electric container cranes cruised in on the St. Johns River.
The Panama Canal Authority announced a key milestone in its expansion program—the installation of the 16th and final gate for the new locks on the Pacific side of the canal.
Hoffberger Holdings, Inc. (HHI), Baltimore, Md., announced plans to expand its Port of Baltimore distribution center located at the Chesapeake Commerce Center adjacent to the Seagirt Marine Terminal, Baltimore’s international container terminal.