Panama Canal to change tolls

The Panama Canal Authority (ACP) has published a proposal for modifications to its current tolls structure, signaling the beginning of a 30-day formal consultation period for industry feedback. There is a possible reduction for container ships but released details do not make if clear how LPG and LNG vessels will be affected.

During the past few months, Panama Canal Administrator Jorge L. Quijano and executives met with Canal customers and industry representatives in Europe, Asia and North America, demonstrating the Canal’s commitment to being responsive to its customers.

He said: “These meetings with customers in Asia, Europe and North America have been extremely valuable in providing us with a deeper understanding of the industry today, the challenges faced by individual market segments, and the projected demand for the Neopanamax locks.”

For more information visit www.pancanal.com

19th June 2017