New Panama Canal Toll Structure

The Panama Canal Authority (ACP) has proposed for a new toll structure after more than a year of consultations industry stakeholders. The proposed restructuring calls for each segment to be priced based upon different units of measurement and modifying pricing for all Canal segments. The ACP explains, for example, containers will be measured and priced on TEUs; dry bulkers will be based on deadweight tonnage capacity and metric tons of cargo; passenger vessels will be based on berths; LNG will be based on cubic meters and tankers will be measured and priced on Panama Canal tons and metric tons.