Neww Fees for Tug Services at Panama Canal

Tuesday, February 21, 2006
The Panama Canal Authority (ACP) announced that effective April 1, 2006, there will be rate increases for tug and linehandling services due to rising operating costs. The decision was made by the Republic of Panama's Cabinet Council, upon a recommendation from the ACP's Board of Directors. Rates for tug services will increase 7 percent and rates for linehandling services will rise 4 percent. Fees vary by vessel size. Rates for these services have not been increased since March 2004. However, increases in operating costs due primarily to sustained fuel hikes have impacted tugboat and linehandling services, making it necessary to adjust rates.
Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

EU Regs on Ship CO2 Reporting Complicates IMO Agreement

ICS Concerned that EU will Preempt IMO CO2 Negotiations.   The global trade association for shipowners – the International Chamber of Shipping (ICS) – is disappointed

Asia VLCC Rates Could Could Climb Even More

Owners see rates climb by nearly $22,000 per day; Rates could peak as more tonnage comes free. Rates for very large crude carriers (VLCCs) on key Asian routes

New Players in Singapore Markets in OW's Absence

The downfall of a leading marine fuel supplier that prompted sellers to tighten credit terms in Singapore is skewing the post-OW Bunker jostle for market share

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Electronics Ship Simulators
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1001 sec (10 req/sec)