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Panama Port Container Volumes Climb 3.6% in 2025 as Hub Role Strengthens

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Panama Port Container Volumes Climb 3.6% in 2025 as Hub Role Strengthens

Panama’s ports handled 9.9 million TEUs in 2025, marking a 3.6% increase from the previous year, according to figures released Friday by the country’s Maritime Authority.

Read also: Trump Proposes Free Passage for U.S. Ships Through Panama and Suez Canals

The growth underscores Panama’s continued importance as a global logistics hub, supported by its ports’ close integration with the Panama Canal, a critical artery linking the Pacific and Atlantic oceans.

Traffic gains were led by the SSA Marine Manzanillo International Terminal on the Atlantic coast, which processed 2.9 million TEUs, up 5% year over year. Panama Ports Company (PPC) also reported higher volumes, with its Balboa terminal handling 2.7 million TEUs, a 2% increase, while Cristobal terminal posted a strong 9% rise to 1.2 million TEUs.

The Colon Container Terminal recorded the fastest growth, with throughput jumping 10% to 1.7 million TEUs compared with 2024.

Panama International Terminal was the only facility to see a decline, moving 1.4 million TEUs, down 2% from the prior year.

In addition to higher overall volumes, port authorities highlighted an increase in the repositioning of empty containers. “This reaffirms the importance of the Panamanian hub as a strategic point for the redistribution of equipment in the region,” said Max Florez, general director of ports and auxiliary maritime industries.

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Lloyds Register Leads Consortium to Develop Nuclear Propulsion for Merchant Ships

According to The Maritime Executive, Lloyds Register has convened a working group of professionals to piece together all the requirements for a merchant-vessel reactor program. The group includes experts from the engineering, regulatory and insurance fields.

Read also: Hapag-Lloyd Orders Eight Methanol-Powered Container Ships for 2028-2029 Delivery

The partners in the program include Rolls-Royce’s Advanced Modular Reactors division, which has designed a gas-cooled particle fuel reactor. Other participants are UK defense conglomerate Babcock, consultancy Global Nuclear Security Partners, law firm Stephenson Harwood, and insurer NorthStandard. The objective is to move quickly into the market with a British solution for nuclear propulsion.

“Decarbonization demands cleaner power, higher standards and a duty to the generations that follow. Nuclear is ready to meet that test,” said Nick Brown, CEO of Lloyds Register. “Used safely in naval fleets for decades, the next generation of advanced modular reactors brings tougher safeguards and the chance to bring nuclear power into everyday commercial shipping.”

Next steps include pursuing UK regulatory approval for a site-licensed advanced modular reactor, known as a Statement of Design Acceptability. The consortium will also develop a class framework and define the security requirements needed for the reactor.

“With the right people applying the right standards and joined up regulation, maritime nuclear power can become a transformative force – advancing decarbonization, supporting commercial viability, and guiding the shipping industry towards net-zero emissions,” said NorthStandard head of external affairs Mike Salthouse.

Source: IndexBox Market Intelligence Platform