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Panama News, Panama, April 22, 2007

Balboa's port activity grows, Colon's shrinks

Latin Business Chronicle reports that in 2006 the port of Balboa, which is run by a local subsidiary of Hong Kong-based Hutchison Port Holdings, increased the volume of containers it handled by 48.8 percent, while Colon, which has the Manzanillo International Terminal (Stevedoring Services of America), Cristobal (Hutchison Port Holdings) and Colon Container Terminal (Evergreen) saw a combined shrinkage in volume handled of 5.2 percent.


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