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Panama Canal To Increase Tolls October 1
By Peter T. Leach, Journal of Commerce Aug 09, 2012
The government of Panama on Tuesday approved the two-stage toll increases proposed by the Panama Canal Authority.
As originally proposed, the first of the two toll increases was supposed to take effect on July 1 of this year, but was postponed until Oct. 1. The second toll hike would come into play on Oct. 1, 2013. This year’s increase was delayed so the authority could consider input from stakeholders, including the shipping lines that will have to pay the increases.
Read Full Article on Journal of Commerce »