Panama excludes passenger vessels from toll rise

2019-09-13T21:09:29+00:00 September 13th, 2019|Finance|

Panama’s Cabinet Council has officially approved the modification of the Panama Canal tolls structure, following a recommendation from the Panama Canal Board of Directors.

The approved modifications also include adjustments made in response to topics discussed during meetings with customers and industry representatives held prior to the process, as well as feedback received during the formal consultation period, the Panama Canal Administration said.

It was agreed to exclude the proposed tolls modification for the passenger vessel segment, which will continue to be charged per the current tariff structure.