# MSC levies PanCan surcharge

> Fruitrop reports that MSC will levy a Panama Canal Emergency Surcharge after the Panama Canal Authority announced a maximum authorized draft for Neopanamax locks. The surcharge applies to sea freight.

- Date: 2020-04-15 · published 2020-04-15T12:00:00.000Z
- Category: logistics · region Panama · magnitude medium
- Page: https://feedsoft.ai/events/53533-msc-levies-pancan-surcharge
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Added surcharges on Panama transits increase ocean freight costs for grain and oilseed exports, supporting higher delivered prices.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- fruitrop.com: https://www.fruitrop.com/en/Latest-News/MSC-levies-PanCan-surcharge

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