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The Panama Canal Authority has implemented a new 'Disruption Charge' tariff effective 1 January 2023, applied to vessels that cause transit schedule disruptions. The charge is assessed case by case and added to regular transit fees.
Added canal costs raise the freight cost of grain and oilseed shipments routed through Panama, which can narrow export competitiveness for US Gulf and Pacific-bound cargoes and modestly lift delivered feed costs.
westpandi.comFeb 23, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
