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  1. VESSELS of 900 feet or more in length overall accounted for 120 transits, 117 by full container vessels and three by cruise ships, during May. This breaks the January 2005 record of 114 transits of vessels of this size. The Panama Canal Authority (ACP) says: “Canal Waters Time (CWT), the average time it takes a vessel to transit the Canal, including waiting time for passage, did not increase, despite the volume of transits and larger vessels handled.” Maritime Operations Director Jorge Quijano says: "We are pleased that we are able to meet demand at the Canal, while - at the same time - break records and set new standards. This record is no small feat for the Panama Canal Authority (ACP). To move this amount of large ships through the Canal and maintain a good CWT is remarkable - our world-class workforce makes full use of our investments in new equipment, technology and improvements to our infrastructure to make things happen here at the waterway." Container trade through the Panama Canal continues to grow. Panama Canal/Universal Measurement System (PC/UMS) tonnage has increased 5.2 percent over last year, for the period of October through May. In addition, the use of Panamax size vessels has increased 6.4 percent - or 230 more Panamax vessel transits - over the same period. More than 90 percent of these vessels book their transits through the Canal's reservation system, which helps achieve a transit with a CWT of less than 17 hours on the intended day of transit (without a reservation, CWT averages approximately 35.6 hours). maritime global net
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