Additional Locks+ Additional Traffic= Additional MOOLAH. Big incease in Canal passage for 2024
A total of 25,000+ vessel transits have crossed the expanded locks of the Panama Canal in the last nine years, since the inauguration of the first ship, the Cosco Shipping Panama, on June 26, 2016. Specifically, 2,181 vessels passed through the Neopanamax locks of the Panama Canal, a canal expanded by Panama, during these past eight months, representing a 21.23% increase compared to the 1,799 crossings reported during the same period in fiscal year 2024.
