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Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
16200 Central Green Blvd
GAC Regional Office, Asia Pacific 78 Shenton Way, #29-01
Group Vice President, Asia Pacific & Indian Subcontinent
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
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26 Sep 2023 / Panama Canal, Panama
Given the critical condition of freshwater availability in the Panama Canal watershed, the Panama Canal Authority (ACP) announces a modification to the variable component of the Fresh Water Surcharge effective October 1, 2023.
This consists in changing the Gatun Lake level curve center from 82 feet to 79 feet, which is equivalent to a maximum draft of 44 feet (Tropical Fresh Water- TFW) for vessels transiting the Neopanamax locks, without affecting the maximum draft for vessels in the Panamax locks. This curve center of 79 feet and the maximum draft of 44 feet represent water saving efforts to ensure traffic sustainability in the coming months.
The resulting percentage derived from the formula will vary from 0% to 10%, and will be applied to the total tolls of the vessel, including the fixed and variable portions of tolls in cases where the toll structure includes those components. The percentage applicable to each vessel will be directly related to the level of Gatun Lake…
…This percentage will be applied to all vessels transiting the following day… …The charges applicable to the fixed component of the FWS will remain the same until further notice…
(For further details, as well as information about operations in the Panama Canal, contact GAC Panama at [email protected])
Source: Extract from Panama Canal Authority Advisory to Shipping No.A-42-2023 dated 25 September 2023