[111218.EN.BIZ] Panama Canal Hails 13,345-TEU Cosco Faith - its 5,000th Neopanamax

THE 13,345-TEU Cosco Faith, part of Ocean Alliance's Asia-US east coast service, was feted as the 5,000th neopanamax passed through the expanded Panama Canal from the Atlantic to the Pacific.

"The steady increase in neopanamax transits reflects our customer's confidence in the Panama Canal route," said Canal Administrator Jorge Quijano.

Of the 5,000 neopanamax vessels that have transited to date, 51 per cent have been from the container segment.

Liquefied petroleum gas vessels constitute another 26 per cent, and liquefied natural gas carriers, a relatively new segment to the Panama Canal, make up 10 per cent. Dry and liquid bulk carriers, car carriers and cruise ships make up the remaining transits.

Source : HKSG.