PCA Postpones Price Increase After Stakeholders’ Request

Capt. John
  •  The Panama Canal Authority (ACP) has announced that it will postpone price increases on canal transit fees which were due to come into effect tomorrow.
  • The announcement follows a joint letter sent by the ICS, ASA, and ECSA, expressing concerns over the speed of price increases that were expected to begin from 15 April 2021.
  • The proposed changes represent a minimum cost increase per transit reservation of US$20,000 (up 57%) and a maximum cost increase of US$58,500 (up 167%).
  • These price...

https://mfame.guru/pca-postpones-price-increase-after-stakeholders-request/

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