Panama Canal Proposes Toll Structure Modifications and Collects Industry Input

This article has been reprinted from the Aug. 15 USDA Grain Transportation Report.

On July 24, 2019, the Panama Canal Authority held a public hearing on its proposed toll structure modifications set for January 1, 2020.

After consideration and implementation of some of the suggestions presented in the comments, the Panama Canal Board of Directors will approve the proposal and present it to the Cabinet Council of the Republic of Panama for official approval.

The proposal impacts all segments including dry bulk, passenger, containership, vehicle carrier, tanker and RoRo (roll on roll off) vessels.

The proposed modifications are designed to increase transparency and flexibility, and to ensure the waterway remains competitive.

For details, see https://www.pancanal.com/common/maritime/advisories/2019/a-30-2019.pdf