# Panama Canal Charge Implementation | Maersk

> The Panama Canal Authority introduced new fees, and Maersk announced a Panama Canal Surcharge of $30 per dry or reefer container on cargo transiting the canal, effective April 1, 2020. The surcharge applies across many trade lanes, with specified corridors listed.

- Date: 2020-03-02 · published 2020-03-02T12:00:00.000Z
- Category: logistics · region Panama · magnitude low
- Page: https://feedsoft.ai/events/54036-panama-canal-charge-implementation-maersk
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Added canal costs raise the landed cost of US Gulf and Pacific Coast feed and grain exports moving to Asia and Latin America, which can narrow export competitiveness at the margin.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- maersk.com: https://www.maersk.com/news/articles/2020/03/02/panama-canal-charge-implementation

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