News

The Panama Canal, which remains a key driver for Panama’s economy, posted strong operating results for the past year, including boosts in transits and revenue.

The Canal closed the year with $5.7 billion in revenue, a 14.4% increase from the previous year. Vessel transits increased 19.3% to 13,404 trips in the 2025 fiscal year. Net profit totaled more than $4.1 billion, exceeding projections by $372 million, despite a year of challenges, including drought conditions.

Even as global trade was in turmoil, tonnage handled by the Canal increased 15.6% compared to the 2024 fiscal year.

Canal leaders noted the results reflect “the canal’s financial and operational strength, as well as the efficiency of its resource management in a challenging global environment.” The latest figures also illustrate Panama’s ability to “reliably and efficiently manage one of the world’s most important maritime routes.”

Containers and liquified petroleum gas shipments powered the Canal increase in the year, according to the Canal’s release. LNG traffic fell short of expectations due to “international freight market costs.”

The strong showing puts the Canal Authority to implement major investments in 2026 to boost Canal capacity and maintain competitiveness, including a new liquid gas pipeline along the Canal corridor.