Panama Canal posts revised FY25 cargo numbers after fixing data error
- FY25 cargo data posted by the ACP in October was erroneous and has now been corrected and revised sharply upward
- Neopanamax locks handled 58.5m long tonnes of containerised cargo in FY25, 40% more than was stated last month
- Change in boxship stats brings total FY25 cargo weight for all ship types to 262.3m tonnes, a 25% upward revision
Fiscal-year cargo numbers that the Panama Canal Authority posted last month looked suspiciously weak. Neopanamax containership transits were at record highs yet cargo weight in this segment was lower than during the drought crisis. It turned out to be a problem with the data, not containership utilisation
