trausty times

| JULY 8TH, 2022

NEW PANAMA CANAL TARIFF PROPOSAL STARTING 2023

Back on April 1st, 2022, the Panama Canal Authority published a proposal for a “fixed-tariff” system starting 2023. After various changes to the tariff system, today the Panama Canal uses around 400 variables to calculate transits. According to the World LPG Association, the current tariff structure has “144 rates related to the loyalty programme, 11 special rates for return trips and more than 90 rates for ships in ballast. A constant pressure, knowledge, and potential for misleading tariffs has arised for shipping lines and shipping agencies to correctly estimate the cost for transit. 

The calculations for today’s transit costs do not account for predictability, automation on tariffs, or consolidation of costs for easier reference and preparation. The new proposed change in tariffs was approved by the ACP Board of Directors and it has a start date of January 1st, 2022. The proposal includes a gradual increase in tariffs, rather than a drastic increase impacting all the Canal’s customers. 

While those customers get adjusted to the tariffs, you can click here and start estimating your next transit’s costs with Trausty’s Panama Canal Calculator. 

You can download the Panama Canal Authority’s full proposal here: https://pancanal.com 

 Tags: Panama canal, tariff, shipping, agencies, ACP Board of Directors,

trausty.com/post/new-panama-canal-tariff-proposal-starting-2023

The most seen

Seafarers Low COVID-19 Vaccination Rates

Trausty Times August 2021

The impending global COVID-19 pandemic vastly affected shipping and supply industries earlier last year. Ports were shut down, vessels faced quarantine regulations, and supplies were unable to be brought to ships....
Read more

imagen-p

The Maritime Industry: is it possible to disrupt or are we bound to be tied with corruption?

Trausty Times July 2021

The Maritime Anti-Corruption Network is mapping out where are the corrupted hubs for ports and maritime services within more than 150 companies. ...
Read more

imagen-p

SUSTAINABLE SUPPLY CHAINS & SHIPPING. CAN THEY CO-EXIST OR ARE THEY MUTUALLY EXCLUSIVE?

Trausty Times Sept. 22, 2021

Maersk, Hapag-Lloyd, Carnival, Port of Rotterdam, and the Panama Canal are amongst 155 of the biggest players in the maritime industry who are urging governments to decarbonize international shipping by 2050. ...
Read more

imagen-p

Headquarters

DPAS Innovation, Inc.

Edificio Eurocentro, PB,

Ave. Abel Bravo, Urb. Obarrio

POB: 0819-05530

Panama City, Republic of Panama.

Company

  • The Company
  • The Team
  • Services
  • Become a Vendor
  • Become a Client

    • Quick Links

  • Terms & Conditions
  • Cookie / Privacy Policy
  • FAQ
  • Newsroom

    • Follow Us

    © 2023, Trausty® - The Port Advisor | All rights reserved.
    Developed with MGPanel