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Britannia P&I reports that a new disruption charge was added to the Panama Canal Authority tariff effective 1 January 2023. The amount depends on vessel size and whether the disruption is low or high impact, and it cannot be negotiated or appealed unless applied in error.
The surcharge increases shipping costs on canal transits, adding to freight expenses for grain and feed ingredient cargoes moving through Panama.
britanniapandi.comBritannia TeamFeb 16, 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.
