AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Panama Canal seeks to change its charging method for deck boxes.

Europe Intelligence Wire

| September 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Lloyds List)

Byline: Fully-laden transit fees 'could rise 100%', writes Rainbow Nelson in Panama City

THE Panama Canal Authority (ACP) has opened talks with container lines to change the way it charges for boxes stored on deck.

ACP administrator Alberto Aleman met with representatives of the container industry in Panama ten days ago and is set to meet the World Shipping Council and the International Chamber of Shipping to discuss plans that would change the method of measuring containers stacked on deck.

An ACP source said the changes under consideration could result in an increase in transit fees of up to $40 per teu. Local shipping agents have warned the proposed changes would result in a 100% increase in the transit costs for fully laden box vessels using the canal. Under the existing measurement method, the largest panamax boxships pay up to $157,900 to transit the canal.

'The Panama Canal Authority is currently conducting a dialogue with its customers and the shipping'maritime community to consider restructuring its measurement system for the cost of transporting containers through the Panama Canal,' the ACP said in a short statement.

'Carrying hundreds of containers on a vessel's deck is a growing trend in the maritime industry. In many cases, more containers are carried on-deck than in the inner chamber of the ship,' the statement added.

Related articles from newspapers, magazines, journals, and more
Panama Canal Authority Celebrates Five-Year Anniversary of Successful...
Press release article from: PR Newswire December 27, 2004 700+ words
...Panamanian stewardship, the Panama Canal Authority (ACP) has set and broken...the Handover of the Panama Canal, the ACP has shifted its operations...Aleman Zubieta. The ACP has achieved its goal to make the Panama Canal more safe, reliable...
PANAMA: Construction plans for proposed $8,000,000,000 canal expansion project,...
Newspaper article from: WWP-Report on Engineering Construct & Plant Operations in the Developing World October 1, 2004 700+ words
...PROJECT OVERVIEW: The 80 km-long Panama Canal now has 2 lanes, one for ships...require more than shipping tolls. ACP, an entity of the government...Barrios Ng, Director (Finance) PANAMA CANAL AUTHORITY (ACP) P.O. Box 526725, Miami...
The Panama Canal Authority (ACP).(Newsmakers)
Magazine article from: Marine Log May 1, 2007 700+ words
The Panama Canal Authority (ACP) Board of Directors, Panama City, Panama, has unanimously appointed engineer Jose Barrios Ng as their new Deputy Administrator after serving as ACP chief financial officer since 2002. [ILLUSTRATION OMITTED]
Former Comptroller General Dani Ariel Kuzniecky Barsky officially assumed his...
Magazine article from: Marine Log June 1, 2007 700+ words
Former Comptroller General Dani Ariel Kuzniecky Barsky officially assumed his new position as chairman of the Panama Canal Authority (ACP) Board of Directors, Panama City, Panama, at an inaugural ceremony recently conducted at the presidential palace.
Panama Canal Authority Forms Strategic Alliance with Massachusetts Port...
Press release article from: PR Newswire October 10, 2003 700+ words
...United States, the Panama Canal Authority (ACP) today announced...East Coast via the Panama Canal. Today's event between the ACP and Massport...model to run the Panama Canal as a business...example of the ACP's aggressive...
LIDAR-mapping the Panama Canal: the Panama Canal Authority is using innovative...
Magazine article from: Geospatial Solutions Boutet, Rolando Armuelles Vivanco, Ignacio O'Neill, Chris Alvarado K., Luis A. November 1, 2004 700+ words
...enterprising effort by the Panama Canal Authority (ACP) has demonstrated...Panamanian government, ACP is charged with managing...and maintaining the Panama Canal. The agency became...responsible for the Panama Canal Watershed, ACP was selected to manage...
Panama Canal Establishes Strategic Alliances With U.S. East Coast Ports.
Press release article from: PR Newswire June 17, 2003 700+ words
...With more than 60 percent of Panama Canal traffic originating from or...of the United States, the Panama Canal Authority (ACP) today announced an historic...Since the end of 1999, the Panama Canal Authority (ACP) assumed the responsibility...
Panama Canal Authority Proposes Changes to Pricing System, Regulations.
Press release article from: PR Newswire February 2, 2007 700+ words
...January 25, 2007, the Panama Canal Authority's (ACP) Board of Directors...Canal Authority The Panama Canal Authority (ACP) is the autonomous...and maintaining the Panama Canal. The operation of the ACP is based on its organic...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA