State and shipping lines lost millions during Balboa Ports  strike

During the 12 day strike at the port of Balboa, shipping lines incurred additional maritime operating expenses, which average around $50,000.

The movement of containers dropped from up to 40 an hour to six.

The cost does  not include other expenses that occurred because the container operating lines had to move cargo from the Balboa  to  terminals, in Colon, by land transport, which increases logistics costs, explained Miguel Rodríguez, from Ocean Network Express (ONE), which handles the Japanese lines K Line, MOL and NYK Line.

In addition to the additional costs to shipping companies, the State lost thousands of dollars for transshipment containers that went to other ports.