New toll structure for Panama Canal

Chamber of Shipping > Blog > News > New toll structure for Panama Canal

Following consultations, the Panama Canal Authority (ACP) has announced details of its new simplified, value-based toll structure.  The new structure includes clarification of its application to vessels in ballast condition and empty containers, and a deferral of new tolls for passenger vessels until 2024 in view of the ongoing challenges.  All other tariffs will be implemented gradually from January 2023 to January 2025, including proposed modifications to the loyalty program for containerships, which will be phased out by January 2025. Incentives for return voyages applicable to containerships and liquefied natural gas (LNG) vessels will be eliminated by January 2023 when the new structure comes into effect. Additionally, the visibility charge currently applied to full container vessels, and classified as Other Marine Services, will be eliminated prior to the implementation of the new tolls to avoid an overlap with the Total TEU capacity (TTA) charge.

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