{"id":6831,"date":"2019-06-14T07:49:19","date_gmt":"2019-06-14T07:49:19","guid":{"rendered":"https:\/\/pancanal.com\/en\/?p=6831"},"modified":"2021-09-03T09:18:08","modified_gmt":"2021-09-03T09:18:08","slug":"panama-canal-issues-proposal-to-modify-tolls-structure","status":"publish","type":"post","link":"https:\/\/pancanal.com\/en\/panama-canal-issues-proposal-to-modify-tolls-structure\/","title":{"rendered":"Panama Canal Issues Proposal to Modify Tolls Structure"},"content":{"rendered":"

Panama City, Panama, June 14, 2019<\/strong> – The Panama Canal published today a proposal to modify its current tolls structure for the dry bulk, passenger, containership and vehicle carrier and RoRo segments, as well as tankers, chemical tankers, LPG and LNG vessels, the intra-maritime cluster(local tourism segment) and minimum tolls (small vessels). Today\u2019s announcement marks the beginning of a 30-day formal consultation period for industry feedback, which will close on July 15, 2019.<\/p>\n

\u201cWith this proposal, we aim to better serve the global maritime
\nindustry,\u201d said Panama Canal Administrator Jorge L. Quijano. \u201cOur proposed
\nmodifications will increase transparency and flexibility, among other
\nimprovements, to ensure the Panama Canal remains competitive and optimal for
\nthe industry today and moving forward.\u201d<\/p>\n

For the dry bulk segment, the proposal offers matching the tolls charged to
\nNeopanamax vessels carrying iron ore with the tolls assessed for grains and
\n\u201cother dry bulk\u201d cargoes, as well as a tariff increase for Neopanamax dry
\nbulkers transiting in ballast.<\/p>\n

The proposal also aims to add transparency to the tolls structure of the
\npassenger segment by charging based on the maximum passenger capacity that can
\nbe carried by each specific passenger vessel. To that end, the Canal is
\nproposing to change the unit of measurement from a \u201cper berth\u201d to a \u201cper
\npassenger\u201d basis, making it easier for cruise lines to transfer transit costs
\nto their customers.<\/p>\n

For the containership segment\u2014the main user of Neopanamax Locks\u2014the proposed
\ntoll modifications will help retain and incentivize increased cargo volumes
\nthrough the Panama Canal. Specifically, the proposal offers more attractive
\nrates for customers who benefit from the Panama Canal Loyalty Program by adding
\nnew levels with reduced rates in the capacity charge for shipping lines
\ndeploying between 2 million to 3 million TEUs, and additional reductions for
\nlines deploying an incremental over 3 million TEUs. The incentive implemented
\nin the last toll modification of fiscal year 2018 for total TEU loaded in the
\nreturn voyage (TTLR) will remain in effect.<\/p>\n

To add further transparency to the toll structure for the Vehicle Carrier and
\nRoRo segment, the proposed modifications include\u2014for the first time\u2013a new
\ntariff category or range precisely designed for Neopanamax vessels to account
\nvessels sizes and capacity. Additional modifications for this segment include
\nslight increments in tolls tariffs for Panamax-sized vessels, as well as minor
\nadjustments based on vessel size ranges.<\/p>\n

Toll structures for tankers, chemical tankers, LPG and LNG vessels remain
\nunchanged, but tolls adjustments are proposed to more closely align with the
\nvalue of the route.<\/p>\n

Tolls for small vessels (minimum tolls) and for the local tourism market are
\nbeing revised upwards to take into account the resources used in the transit
\nand the complexity of accommodating these vessels within the locks\u2019 chambers.
\nThe last tariff adjustments for small vessels were implemented in 2012.<\/p>\n

Lastly\u2013and based on comments submitted by clients during the 2017 public
\nconsultation and hearing process\u2013the Canal proposes to review the rates
\ncharged to vessels carrying containers on deck, which do not belong to the
\ncontainer shipping segment, to allow for differentiated charges for containers
\nthat are empty, dry or refrigerated.<\/p>\n

The complete proposal is available at www.pancanal.com\/peajes. All interested
\nparties are invited to participate in the consultation process as well as the
\npublic hearing to be held in Panama City, Panama, on July 24, 2019 at 9:00 a.m.
\n(local time). In accordance with established rules, the Panama Canal will
\nconsider all correspondence received by 4:15 p.m. (local time) on July 15,
\n2019, as well as comments and opinions presented during the public hearing.<\/p>\n

After a careful evaluation and analysis of the comments received, and once any
\npertinent changes are incorporated in the proposal, the Cabinet Council of the
\nRepublic of Panama will officially approve the modifications. The date for
\nimplementation of the modifications to the tolls structure is planned for
\nJanuary 1, 2020.<\/p>\n

About the Panama Canal Authority (ACP)<\/strong>
\nThe Panama Canal Authority (ACP) is an autonomous legal entity of the Republic of Panama in charge of the operation, administration, management, preservation, maintenance, and modernization of the Panama Canal, as well as its activities and related services, so that the Canal may operate in a safe, continuous, efficient manner. For more information, please refer to the ACP’s website: http:\/\/www.pancanal.com<\/a> or follow us on Twitter @thepanamacanal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Panama City, Panama, June 14, 2019 – The Panama Canal published today a proposal to modify its current tolls structure for the dry bulk, passenger, containership and vehicle carrier and RoRo segments, as well as tankers, chemical tankers, LPG and LNG vessels, the intra-maritime cluster(local tourism segment) and minimum tolls (small vessels). Today\u2019s announcement marks … Continue reading “Panama Canal Issues Proposal to Modify Tolls Structure”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":9025,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","_wp_rev_ctl_limit":""},"categories":[1],"tags":[],"class_list":["post-6831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"\nPanama Canal Issues Proposal to Modify Tolls Structure - Autoridad del Canal de Panam\u00e1<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pancanal.com\/en\/panama-canal-issues-proposal-to-modify-tolls-structure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Panama Canal Issues Proposal to Modify Tolls Structure - Autoridad del Canal de Panam\u00e1\" \/>\n<meta property=\"og:description\" content=\"Panama City, Panama, June 14, 2019 – The Panama Canal published today a proposal to modify its current tolls structure for the dry bulk, passenger, containership and vehicle carrier and RoRo segments, as well as tankers, chemical tankers, LPG and LNG vessels, the intra-maritime cluster(local tourism segment) and minimum tolls (small vessels). 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