The Panama Canal Authority (ACP) has announced that a new price and toll structure within the Panama Canal will come into effect on January 1, 2011.
After discussions with industry representatives, shipping lines, and government representatives, and in view of the current global economic situation, the ACP had decided that it will not proceed with toll adjustments until 2011. The new date for implementing the tolls will apply to all segments except reefers.
On January 1, 2011, the modified pricing structure will be implemented for all canal segments including container, dry bulk, liquid bulk, vehicle carriers, reefers, passenger, general cargo and others.
The ACP is set to calculate container segment tolls with a slight price adjustment to the capacity charge.
An additional charge that would apply to the number of loaded containers aboard the vessel at the time of transit is also set to be implemented. The reefer segment increase will become effective as of April 1, 2011.
After discussions with industry representatives, shipping lines, and government representatives, and in view of the current global economic situation, the ACP had decided that it will not proceed with toll adjustments until 2011. The new date for implementing the tolls will apply to all segments except reefers.
On January 1, 2011, the modified pricing structure will be implemented for all canal segments including container, dry bulk, liquid bulk, vehicle carriers, reefers, passenger, general cargo and others.
The ACP is set to calculate container segment tolls with a slight price adjustment to the capacity charge.
An additional charge that would apply to the number of loaded containers aboard the vessel at the time of transit is also set to be implemented. The reefer segment increase will become effective as of April 1, 2011.