Source: Photo.com
According to Panamanian media reports, on the 19th local time, the total revenue of the Panama Canal in fiscal year 2023 (October 1, 2022 to September 30, 2023) was US$4.65 billion (about 33.18 billion yuan), an increase of US$330 million (about 2.35 billion yuan) over 2022, the highest record in history after the opening of the canal in 1914. At the same time, the cargo throughput of the Panama route decreased by 8 million tons year-on-year, and the number of transit vessels decreased from 13,003 to 12,638.
The total precipitation in the Panama Canal hydrological basin in fiscal year 2023 was 1,999 mm, 660 mm less than the historical average and the driest since 1950, according to the Panama Canal Authority.
The Canal Authority also said it expects some decline in revenue in fiscal 2024 due to the combined impact of the extended dry season in Panama in 2024 and the El Niño phenomenon.
It is understood that the Panama Canal is located in the Central American country of Panama, crossing the Isthmus of Panama, connecting the Pacific Ocean and the Atlantic Ocean, is an important shipping artery, and is known as one of the world's seven engineering wonders of the "World Bridge".
According to CCTV news, the Panama Canal is associated with about 5% of the world's trade volume. Today, the canal is experiencing a severe drought rarely seen in 70 years. The frequency of rainfall in Panama in November this year is once or twice a week, which has led to a shortage of water in the waterway, and last month, the canal was hotly discussed by the whole network because of the "sky-high queue fee" (the auction price of the right of first passage of ships) of nearly 4 million US dollars (about 29.17 million yuan).
In the era of globalization, the scale of sea freight is increasing year by year
As international trade has become more prosperous and globalization has accelerated, maritime transportation has become the mainstream mode of trade between countries. As a result, the scale of global maritime cargo transportation is gradually growing. From 2015 to 2020, the scale of global maritime cargo transportation increased year by year. At the beginning of 2020, the scale of global maritime cargo transportation reached 11.076 billion deadweight tons, an increase of 0.52% compared with the beginning of 2019, and the growth rate slowed down compared with previous years.
The scale of global container capacity increased by 4.15% year-on-year
According to the Ministry of Transport's "2022 Water Transport Market Development and 2023 Market Outlook", as of December 2022, the global container ships reached 5,690 and 25.91 million TEU, with a year-on-year increase of 4.15%. Under the influence of factors such as the overall decline in global container transportation demand and the continuous growth of effective capacity, international container freight rates will continue to fall from a high level in 2022.
On December 18, Zheng Jingwen, deputy director of the International Shipping Research Institute of the Shanghai International Shipping Research Center, said that the passage of the two important shipping channels is limited, which may cause a certain degree of capacity shortage in the short term.
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