Panama Canal reduces slots for ships due to droughts


PANAMA CITY (Reuters) – Due to droughts, Panama will impose a “freshwater” charge on ships for use of water from a lake needed to maintain the Panama Canal’s levels, and will reduce the number of daily slot reservations, the waterway’s authority said on Monday.

Canal Administrator Ricaurte Vasquez told a news conference that from Feb. 15, a fixed charge would be set at $10,000 for any vessel over 125 feet long, as well as a variable surcharge based on the level of Gatun Lake at time of transit.

Daily reservations would be reduced to 27 from 32, he added.

Reporting by Elida Moreno; Editing by Dave Graham

Products You May Like

Articles You May Like

IDF confirms ‘decline in forces’ in southern Gaza
Ukraine nuclear plant drone strike prompts warning over risks
Total solar eclipse plunges parts of Mexico into darkness
North America awed by total solar eclipse
MP targeted in Westminster honeytrap resigns party whip

Leave a Reply

Your email address will not be published. Required fields are marked *