Marine Tariff
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The Panama Canal has established regulations to implement the new measurement and toll procedure for determining fees for vessels transiting the canal.
As per Panama Canal, Toll Assestment Regulations updated on May 2023 states that "The tonnage measurement system in use in the Canal is known, for the most part, as Panama Canal Universal Measurement System (PC/UMS), following the rules of the 1969 International Convention on Tonnage Measurement of Ships. To determine net Canal tonnage, this system applies a mathematical formula for the measurement of total ship volume. A net Panama Canal ton is equivalent to 100 cubic feet of volumetric capacity."
As per Panama Canal, Toll Assestment Reg. states that "The appropriate rate is applied depending on whether the ship is laden or in ballast (empty). The "laden" rate is applied to ships carrying cargo, containers or passengers, and the "ballast" rate is applied to ships that are not carrying neither passengers, containers nor cargo. For a ship to be applied the "ballast" (empty) rate, it may not carry fuel for its own consumption beyond the volume of the certified tanks with the official mark for liquid fuel. Other floating craft, including warships with the exception of military and naval transports; supply vessels; and hospital ships are charged on the basis of their actual displacement tonnage. One displacement ton is equivalent to one long ton or 35 cubic feet of salt water."
For more information of toll assestment, you can contact us so we can assist you with an estimated cost through the VUMPA system of the Panama Canal. We are authorized agents.
If you would like to quote directly, please click on the link below
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