Panama Canal tolls to change in October 2012 and 2013

The Panamanian Cabinet has approved new fees for transit through the waterway set by the board of the Panama Canal Authority to come into effect from October 1, 2012 and October 1, 2013. The administrator of the Panama Canal Authority, Alberto Aleman Zubieta said the proposal was modified postponing the effective date of the first phase of adjustment to October 2012 and the second phase to October 2013. ”It was agreed that the container/bulk cargo ship segment will be kept under the “other” category, so the adjustments are being proposed over a period of two years for the industry to make the necessary adjustments,” he said. Aleman said that the segments recording an increase are: general cargo, bulk dry, tankers (formerly one segment and now three: tankers, chemical tankers and gas carriers), car carriers and ro-ro.  Displacement was also affected and that of minimum tolls (small boats). The segments not affected were container, passenger and refrigerated ships.

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