Panama Canal Fee Cut in Response to Drought Year

The Panama Canal Authority (PCA) plans to lower the Freshwater Charge (FWC) starting October 1. The move aims to conserve water and manage shipping drafts. This change will slash the variable fee for users by about 50%, based on Gatun Lake’s current state. For Neo-Panamax ships, the average savings will be $19,700 per trip. For […]

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