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Government of Panama Approves Canal Toll Increase

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 the proposal to restructure the Panama Canal’s pricing system.

The new tolls were postponed to October 2012 and October 2013, respectively.

The 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.

More at Maritime Executive

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