New LNG Tanker Tolls Approved for Widened Panama Canal
Posted on May 4, 2015 in LNG Exports, Vessel Transportation | Comments Off on New LNG Tanker Tolls Approved for Widened Panama Canal
The Cabinet Council of the Republic of Panama has officially approved a new segment and tolling structure for LNG and Liquefied Petroleum Gas (LPG) vessels passing through the Panama Canal. Tolls for LNG and LPG vessels will be based on cubic meters, whereas tolls for other vessels and tankers will be based on other units of measurement and pricing. The new tolls for LNG tankers will take effect on April 1, 2016, in line with the expected opening of the Panama Canal widening project. Read more in the Ship and Bunker article.