Update on the Panama Canal Expansion Program
Update on the Panama Canal
Expansion Program
Rodolfo Sabonge
Vicepresident, Market Research and Analysis
rsabonge@
Agenda
?
Traffic AF2007
?
Alternative Routes
?
Expansion Program Components, Scope &
Time Line
?
Locks Contracting Plan
Transits vs. PC/UMS Tonnage
FY1915 ¨C FY2007
45,000
PC/UMS Tonnage of Commercial Transits
312.2
PC/UMS
40,000
250.0
30,000
4,832
9,931
AF
AF 1955
1955
AF
AF 1975
1975
18,940
23,591
AF
AF 1995
1995
AF
AF 2007
2007
200.0
150.0
20,000
15,000
100.0
14,721
10,000
Transits
50.0
5,000
0
1915
1917
1919
1921
1923
1925
1927
1929
1931
1933
1935
1937
1939
1941
1943
1945
1947
1949
1951
1953
1955
1957
1959
1961
1963
1965
1967
1969
1971
1973
1975
1977
1979
1981
1983
1985
1987
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
Transits
35,000
25,000
300.0
Fiscal Year
0.0
PC/UMS Tonnage in Millions
350.0
50,000
Principal Routes - FY 2007
East Coast US
Asia
82.6 MLT
39.6%
PRODUCTS
Containers
Grains
MLT
26.5
23.0
%
32.2
27.9
Principal Routes - FY 2007
West Coast South America
20.5 MLT
9.8%
PRODUCTS
MLT %
Petroleum and prod 6.1 29.9
Dry Bulks
3.8 18.6
East Coast US
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