ACP: Public Hearing on Canal Toll Adjustments

press release
Thursday, May 24, 2012

The Panama Canal Authority (ACP) held a public hearing in the Ascanio Arosemena Center in Balboa, Panama, on its proposal to modify the Panama Canal pricing structure to align Canal toll charges with the value the route provides.  Seven representatives from shipping and government participated in this opportunity to express their views. 

 

"Today, Panama Canal customers and members of the maritime industry were welcomed to participate in a transparent and open process," said ACP Administrator/CEO Alberto Alemán Zubieta. “We will study the comments made today, as well as the written submissions."

 

Throughout the consultation period (April 20, 2012 – May 21, 2012), the proposal was made available to all interested parties. The ACP received a total of 18 comments, opinions and written requests from interested parties to participate in the public hearing.

 

  • New Segments

The proposal increases the number of segments from eight to eleven by Panama Canal vessel type. It also breaks down the tanker segment into three distinct segments, establishes a new segment for container/breakbulk, and incorporates the roll-on/roll-off vessels into the vehicle carrier segment.  Once approved, the Panama Canal market segmentation scheme will include the following segments: full container, reefer, dry bulk, passenger, vehicle carrier and ro-ro, container/breakbulk, tanker, chemical tanker, LPG, general cargo and others.

 

  • Price Proposal
     

Effective July 1, 2012, the ACP proposes to increase the tolls for the following segments:  general cargo, container/break bulk, dry bulk, tanker, chemical tanker, LPG, vehicle carrier and ro-ro, and the segment known as others.  The remaining segments –container, reefer and passenger – will not be adjusted at this time, nor will the price per TEU for containers carried onboard a vessel.  Additionally, there will be changes to tolls applicable to small vessels based on vessel length, to incorporate adjustments not previously considered.

 

“This proposal continues to align the Panama Canal tolls to the value, benefit and quality the route provides, and maintains the competitiveness of the Panama Canal”, stated Alemán Zubieta. For more information, go to http://www.pancanal.com/peajes
 


Ports

Vitol's Malaysia Terminal Suspends Ops after Spill

VTTI, the storage unit of world's largest oil trader Vitol, has suspended operations at its terminal in southern Malaysia following an oil spill, two industry sources said on Friday.

Shenzhen Port to Adopt China ECA Regulation

China's Shenzhen port is set to to adopt requirements for ships at berth requiring to burn marine fuel with sulfur content not exceeding 0.5 percent starting October this year,

Cochin Port Gets a Little 'Breathing Space'

The Cabinet Committee on Economic Affairs of India, chaired by the Prime Minister Narendra Modi, has given its approval for waiver of penal interest on Government

People in the News

Danish Maritime Authority Supports Maritime Cultural Days

The Danish Maritime Authority's buoy tender ’POUL LØWENØRN’ will be alongside in Korsør in connection with the Maritime Cultural Days. The vessel will be open to visitors throughout Saturday,

ABS Makes it Safer to ‘Walk to Work’

ABS announced the publication of The ABS Guide for Certification of Offshore Access Gangways. The new Guide addresses certification for safety systems used for “walk to work” (W2W) crew transfers.

Vard Bags Hapag-Lloyd Cruises contract for 2 Vessels

Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of specialized vessels, is pleased to announce that it has secured contracts

Logistics

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

Vitol's Malaysia Terminal Suspends Ops after Spill

VTTI, the storage unit of world's largest oil trader Vitol, has suspended operations at its terminal in southern Malaysia following an oil spill, two industry sources said on Friday.

MN100: TPG Marine Enterprises, LLC

The Company: TPG Marine Enterprises, LLC is an operations, logistics and consulting company that specializes in all aspects of cargo movement on the Inland Waterways System.

 
 
Maritime Security Maritime Standards Naval Architecture Pod Propulsion Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0911 sec (11 req/sec)