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Hot Port News from GAC

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03-Jul-2018

PANAMA ADDED TO PREFERENTIAL TONNAGE DUES LIST
China

INCREASE IN MAXIMUM AUTHORIZED TRANSIT DRAFT
Panama Canal, Panama

Panama added to preferential tonnage dues list
Tuesday, July 3, 2018, China

Effective from 1 July 2018, China has added Panama to the list of vessel registered countries to be entitled to the preferential rate for tonnage dues.

The preferential rate, compared to the general rate, is as follows:

 

NRT ≤ 2,000 T
General Rate
– 1 year: 12,6
– 90 days: 4,2
-30 days: 2,1
Preferential Rate
– 1 year: 9
– 90 days: 3
– 30 days: 1,5

2,000 T < NRT ≤ 10,000 T
General Rate
– 1 year: 24
– 90 days: 8
-30 days: 4
Preferential Rate
– 1 year: 17,4
– 90 days: 5,8
– 30 days: 2,9

10,000 T < NRT ≤ 50,000 T
General Rate
– 1 year: 27,6
– 90 days: 9,2
-30 days: 4,6
Preferential Rate
– 1 year: 19,8
– 90 days: 6,6
– 30 days: 3,3

50,000 T < NRT
General Rate
– 1 year: 31,8
– 90 days: 10,6
-30 days: 5,3
Preferential Rate
– 1 year: 22,8
– 90 days: 7,6
– 30 days: 3,8

[NOTE: Calculation method is NRT x Rate (RMB)]

Liberia: Preferential Rate valid to 13 February 2019.

Panama: Preferential Rate valid to 16 May 2021.

For further details including the full list of the countries whose registered vessels are entitled to the preferential rate, and information about operations in China contact GAC China at china@gac.com

Increase in maximum authorized transit draft
Tuesday, July 3, 2018, Panama Canal, Panama
The maximum authorized draft for vessels transiting the Neopanamax locks [is] 15.24 meters (50.0 feet) Tropical Fresh Water (TFW).

This draft limit is based on the current level of Gatun Lake and the weather forecast for the following weeks. Future draft modifications will be announced in a timely manner.

(For information about operations in the Panama Canal, contact GAC-Wilford & McKay at gac-wilfordmckay.panama@gac.com)

Source: Panama Canal Authority Advisory To Shipping No.A-24-2018

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