CANAL REVENUE UP 3.1%.Panama Canal Panama Canal, waterway across the Isthmus of Panama, connecting the Atlantic (by way of the Caribbean Sea) and Pacific oceans, built by the United States (1904–14) on territory leased from the republic of Panama. October-to-February toll income rose 3.1% over the year-ago period to US$247.8 million, reports Reuters (March 28, 2001). Transits by ships built to the maximum dimensions of the Canal's 1,000-foot (305-meter) by 110-foot (33.5-meter) locks rose 5.7% to 1,915 during the five-month period, the Panama Canal Authority The Panama Canal Authority (Spanish: Autoridad del Canal de Panamá, or ACP) is the agency of the government of Panama responsible for the operation and management of the Panama Canal. said. Cargo tonnage TONNAGE, mar. law. The capacity of a ship or vessel. 2. The act of congress of March 2, 1799, s. 64, 1 Story's L. U. S. 630, directs that to ascertain the tonnage of any ship or vessel, the surveyor, &c. through the 50-mile (80-km) trade route grew 3.6% to 81.8 million long tons during the period, driven by a 10.2% increase in containerized con·tain·er·ize v.tr. con·tain·er·ized, con·tain·er·iz·ing, con·tain·er·iz·es 1. To package (cargo) in large standardized containers for efficient shipping and handling. 2. cargo to a record 14.2 million long tons. |
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