Tag: Panama Canal

Panama Canal Authority issues Information Regarding the BAPLIE Requirements

Panama Canal Sets New Tonnage Record

Halifax Port to sign MoU with the Panama Canal Authority

Panama Canal Authority issues advisory re EVTMS tariff changes

Panama Canal Adopts Green Building Policy

The new structure increases the number of segments from eight to ten Following the recommendation from the Board of Directors of the Panama Canal Authority (ACP), the Cabinet Council of the Government of the Republic of Panama approved yesterday the proposal to restructure the Panama Canal's pricing system."The new tolls structure was conceived in accordance with the commercial value that the route offers its users. We look forward to working alongside the industry to continue offering a reliable and competitive service," said Panama Canal Authority Administrator/CEO Alberto Alemán Zubieta.The new tolls were postponed to October 2012 and October 2013, respectively. After considering comments from the industry, the effective dates of the tolls increase were postponed three months to October 2012 and another 17 months to October 2013."The new structure offers price stability to the Panama Canal clients during the next two years, while the approved tolls remain below the value it offers as a safe, reliable and efficient route," added Alemán Zubieta.New SegmentsThe new structure increases the number of segments from eight to ten. It also breaks down the tanker segment into three distinct segments and incorporates the roll-on/roll-off vessels into the vehicle carrier segment. The Panama Canal market segmentation ...

Tolls system of the Panama Canal The Panama Canal Authority's Board of Directors, after carefully evaluating the observations and suggestions provided by interested parties, has considered it appropriate to adjust the original proposal to modify the tolls system of the Panama Canal as follows:Set the implementation dates for the proposed toll increases to 1 October 2012 and 1 October 2013, including the minimum tolls, andMaintain the classification of the ship type "container/break bulk" under the market segment "others".The remainder of the proposed modifications to the tolls systems is unchanged.Effective the date of publication of this change in the Canal Register, the Panama Canal Authority will be providing interested parties with an additional consultation period extended through 12 July 2012, at 4:15 pm local time, in order to present, in writing, your data, opinions, information, arguments or presentations regarding the proposal.Additional information is available at: http://www.pancanal.com/peajes/Source: BIMCO

National Geographic Megastructures Video

ACP signed agreement to reduce emissions in the Canal Watershed The Panama Canal Authority (ACP) signed a Technical Cooperation Agreement with the National Environmental Authority (ANAM) and the German Agency for International Cooperation to apply mechanisms that will reduce emissions in the Canal Watershed.The agreement aims to establish the terms and conditions for the design and implementation of a pilot program in the Panama Canal Watershed, compensation mechanisms for the sustainable management of forest resources that can be replicated nationwide, under the parameters of Reducing Emissions from Deforestation and Forest Degradation (REDD +).In a ceremony held yesterday, the document was signed by Panama Canal Authority (ACP) Administrator Alberto Alemán Zubieta, ANAM Administrator Lucia Chandeck, and Laszlo Panzel, from the German Agency for International Cooperation and Program Director for Reducing Emissions from Deforestation and Forest Degradation (REDD +).During the signing ceremony Alemán Zubieta said: "With this agreement, Panama is in a win-win position to reduce the effects of carbon emissions, as we will also be able to capture carbon. This agreement with the German government will benefit our country."The Panama Canal carries out activities aimed at improving the quality of life for residents of the Canal Watershed, an area of ​​strategic ...

To increase tolls by up to 15% Plans to increase toll charges for the Panama Canal are 'rushed, excessive and likely to cause further problems for shipping companies' given the fragile state of economic recovery, say shipowners.The International Chamber of Shipping has sent a strongly worded letter to the Panama Canal Authority (ACP) describing plans to increase tolls by up to 15% as 'simply unacceptable'.ICS calls for the plans to be withdrawn and for future increases to be given with at least six months' notice to enable shipping companies to plan properly and fully assess the impact of the proposed changes.The International Chamber of Shipping (ICS) is the principal international trade association for shipowners, with member national associations from 36 countries representing all sectors and trades and over 80% of the world merchant fleet.The ACP published plans to increase its tolls last month, despite assuring industry clients in January there would only be one small adjustment to tolls before completion of the expansion project in 2014. Toll increases could come into effect as early as 1 July if agreed at a public hearing at the end of this month.ICS Secretary General, Peter Hinchliffe, said there was 'no pressing need' for ...