New canal structure approved at expanded waterway

2525

panan.pngToll infographic (Source: Panama Canal)

Cabinet Council of Republic of Panama recently approved a new set of  proposals for modification of the Canal toll structure. This is as per recommendation of Panama Canal Authority(ACP) Board of directors.

FC9E22B1-B253-94E3-295A-ECDEDE352722.jpg

 Panama Canal Administrator and CEO Jorge Quijano.  said “After working in close cooperation with our partners in the maritime industry, I am pleased we will be able to provide a more bespoke pricing solution for our customers; one that recognizes their various needs and requests, while still appreciating the value and reliability provided by the route,” 

Pricing Structure :

The new proposal modifies the pricing structure for most canal segments and creates a new segment specifically for LNG tankers. This will create a key new market for the canal once the expansion is completed.

FF0F1315-927E-A5D3-02C3-A5713EC35C90.jpg

  • A customer loyalty program for the container segment will be held, a first time for ACP, in which frequent customers will now receive premium prices when a particular TEU is reached.
  • The new toll adjustments for market segments are scheduled to go live on April 1,2016.

LEAVE A REPLY

This site uses Akismet to reduce spam. Learn how your comment data is processed.