# Panama Canal implements ‘disruption charge’

> The Panama Canal Authority is implementing a 'disruption charge' for vessels that cause disruptions to canal transit schedules, assessed case by case on delay duration and capped at a maximum. Industry reaction has been mixed, with some welcoming the incentive and others saying it penalises operators for events beyond their control.

- Date: 2023-03-07 · published 2023-03-07T12:00:00.000Z
- Category: logistics · region Panama · magnitude low
- Page: https://feedsoft.ai/events/36749-panama-canal-implements-disruption-charge
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher costs and possible delays for vessels transiting Panama can raise freight costs for grain and oilseed shipments from US Gulf and Pacific Northwest to Asia, modestly supporting US export basis discounts.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- seatrade-maritime.com: https://www.seatrade-maritime.com/accidents/panama-canal-implements-disruption-charge-

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.