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Friday, April 25 2014 @ 03:36 AM EDT

Panama Canal Authority Held Public Consultations On Proposed Toll Increases This Morning

Canal Daily OperationThe Panama Canal Authority today held a public hearing as part of the consultation process to amend (increase) the tolls of the waterway, in order to continue approaching the same value that reflects the real benefits offered by the canal route from Panama to its users. "This is part of an open and transparent process established by the Panama Canal, with the participation of representatives of customers and industry," said ACP Administrator Alberto Aleman Zubieta. As part of the procedure to change the tolls, the ACP opened last month a consultation process during which interested parties could request in writing their participation in this public hearing held in the Ascanio Arosemena Auditorium of the ACP. "Now the Panama Canal will analyze the comments received during the hearing and the considerations that were sent in writing," said Aleman Zubieta.

The ACP Board of Directors last month approved a proposal amending certain market segments of the Panama Canal and established from 1 July, an increase to the segments of general cargo, containers / breakbulk, bulk dry tankers, chemical tankers, car carriers, ro-ro, and others. The remaining segments will not have adjustments at this time. For smaller vessels, they proposed four price levels on the basis of the length of the boat.

New segments - The proposal increases from eight to eleven segments by type of vessels of the Panama Canal. For the existing (container, refrigerated cargo, dry bulk carriers, passenger, car carriers, tankers, general cargo and other), it eliminates the tanker segment, and adds the oil tankers, chemical tankers and container ships / loose cargo. Also, the vehicle carriers are incorporated hereinafter as ships types roll on / roll off (roro) being called car carriers / roro.

As a next step, the ACP Board of Directors will review the feedback from customers and users before making a decision on the proposed amendment of tolls which will then be sent to the Cabinet Council for final approval. (Critica)

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