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.

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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)

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