The Panama Canal reported 2015 fiscal year revenues totaling $2.61 billion, 8 percent above the budget forecast although slightly less than FY 2014.
The Panama Canal Authority, or ACP, said Saturday on Twitter that cargo volumes of 340.8 million tons for the 12 months ended Sept. 30, 9.8 percent above the forecast level, led to the higher-than-projected revenues.
Total revenues were 0.71 percent lower than those reported in fiscal year 2014, when they came in at $2.63 billion, the highest level in the 101-year history of the interoceanic waterway.