Panama Ports passed 8 mln TEU milestone in 2021

Panamanian ports have witnessed a record growth and cargo volume in 2021, reaching 8.62 mln TEU and increase of 11.5% compared to 7.73 mln TEU in 2020. It was also the first time Panama passed the 8 mln TEU milestone.

CCT’s higher throughput has come because of new service calls from MSC. Bocas Fruit, a terminal specialized in banana exports saw volumes increasing by 23% to 144,520 TEU at Balboa, administrated by Hutchison’s Panama Ports Company increased volumes by 19.4% to 2.33 mln TEU.

Various terminals registered double digit growth, the highest, 47.5%, being at Evergreen’s Colon Container Terminal (CCT) with 1.05 mln TEU, a growth not seen in many years. Between 2002 and 2007 the terminal had experienced similar annual growth rates, CCT President Stephen Shafer said.


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