Seaports Overview
The Panamanian port complex specialized in containerized cargo, which includes three terminals in the Atlantic and two in the Pacific, handled a total of 9.4 million TEUs in 2024. This port complex has a high level of connectivity with major production and consumption centers, including a total of 55 dedicated shipping line services, primarily focused on transshipment operations. Transshipment accounts for approximately 89% of the complex’s annual operations.
The Atlantic conglomerate consists of SSA Marine MIT, Colon Container Terminal (CCT), and Cristóbal, which together have a total of 22 docks, 45 gantry cranes, and 90 RTGs1. Meanwhile, the Pacific conglomerate, consisting of Balboa and the new PSA Panama International Terminal, has 10 docks, 37 gantry cranes, and 56 RTGs.
With more than 8,000 refrigerated connectors, these five ports position Panama as the number one country in Latin America in terms of gantry crane count (82 in total). The Pacific ports can accommodate up to 5 Neopanamax and 3 Panamax vessels simultaneously, while the Atlantic ports can handle up to 5 Neopanamax and 8 Panamax vessels at the same time.
Containers can be transferred between the Pacific and Atlantic either by rail or road. However, inadequate road infrastructure conditions limit the logistical performance of trucks between different ports and other destinations.
1 RTGs: Rubber Tyred Gantry Cranes (Rubber-tired yard cranes)
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