Implementation of Fuel Surcharge to launch boats – March 11th, 2022

PANAMA FLASH! – Panama City –March 11th, 2022

Due to the continued increase in the fuel, some launch boat companies have informed that will be obliged to implement fuel surcharges effective March 15th, 2022.

  1. Transacuaticos S.A – Service launch provider for the Atlantic side of the Canal.

Effective March 15th, 2022 ,  a 7.5% surcharge for launch tripswill be implemented. This surcharge is triggered by an increase in the Diesel fuel of over 25% within the past month.

Thereafter for every increase of 10%; the surcharge will increase in 2.5%.  This increase will be reflected in the service launch invoice as fuel surcharge per trip.

The surcharge will increase/decrease in proportion to the cost of Diesel.

  1. Balboa ship suppliers Inc  – Service launch provider for the Pacific side of the Canal.

Effective March 15th, 2022 , a fuel surcharge will be implemented according to the price per gallon of the Diesel.

LevelPrice per GallonSurcharge per hour
1$3.01 – 3.50$6.25
2$3.51  – 4.00$12.50
3$4.01 – 4.50$18.75
4$4.51 – 5.00$25.00
5$5.01 – 5.50$31.25
6$5.51 – 6.00$37.50

The surcharge will increase/decrease in proportion to the cost of Diesel.

———————————————————

Norton Lilly International (Panama) S.A.

Bldg. 3825  – Office 204

Howard – Panama-Pacifico

Panama, Rep. of Panama

Tel: (507) 304-4600

Main email: operations@nortonlilly.com.pa  (24 hours)

Recents

Related Posts

Ship Agent in Panama Canal Transit coordination
US Coast Guard Gas Carrier COC Examination Program

The Liquefied Gas Carrier National Center of Expertise, with the approval of the Panama Maritime Authority (AMP), is excited to announce the winter 2024 session of our voluntary Certificate of Compliance (COC) examination program for liquefied gas carriers awaiting northbound transit through the Panama Canal.

Read More »
Leading Panama Canal & Port Shipping Agent, Norton Lilly Panama is one click away to being your partner of choice.
We can help you make the right decisions regarding the planification of your operations.

Let's talk!

Book a 20 minutes call with our Panama Commercial Team and ask all your questions.

We are here to help!