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Panama Canal and Its Tolls Structure

Update on 19 Jul 2022:-

The Panama Canal Authority issued an Advisory to Shipping No. A-25-2022 dated 15 Jul 2022 as attached, informing that the Panama´s Cabinet Council has Approved the Toll Structure. One element is relevant to bulk carriers:

“Ensuring that customers’ feedback from the open and transparent dialogue was considered, the structure was modified to incorporate the following changes to the original proposal:

“• Transits of vessels in ballast condition: For all market segments except for containerships, tolls will be calculated by applying 85% of the laden toll instead of the originally proposed 90%.”

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