# Panama Canal freshwater fee increases delays, transit fees; MR freight higher

> The Panama Canal began charging a new freshwater conservation surcharge on February 15, which has roughly doubled wait times for clean tankers. Pre-booked and unbooked Medium Range tankers face longer delays and higher transit costs.

- Date: 2020-02-26 · published 2020-02-26T12:00:00.000Z
- Category: logistics · region Panama · magnitude low
- Page: https://feedsoft.ai/events/54521-panama-canal-freshwater-fee-increases-delays-transit-fees-mr-freight-higher
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher transit costs and longer waits are pushing up lump-sum freight on USGC routes, which raises the cost of moving clean petroleum products. The effect on grain and feed commodity prices is small.

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/shipping/022620-panama-canal-freshwater-fee-increases-delays-transit-fees-mr-freight-higher

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