PANAMA FLASH NEWSLETTER – January 13th , 2020

RE: PANAMA CANAL AUTHORITY – New Surcharge Depending on Gatun Lake Levels

Surcharge Effective February 15th, 2020

Panama Canal Authorities will be implementing a fresh water surcharges established with two components:

  • The first is a fixed charge of B / .10,000 for each vessel 91 feet wide or more.
  • The second, a variable component, a surcharge determined based on the tonnage of the vessel and which depends exclusively on the level of Gatun Lake.

The Panama Canal Administrator Dr. Ricaurte Vasquez explained today am in a Press Conference that the “  variable component” surcharge will ranges between a minimum of 1%

with the lake at its maximum level and 10% with the lake at its minimum level.

The Panama Canal Authority has scheduled a meeting today 1530hrs with additional details and the official Advisory notice to the Maritime Industry.

These changes in the cargo structure of the Panama Canal will take effect from February 15, 2020 and represent the short and medium term action plan.

This afternoon a communication will be issued to customers indicating that the Canal will be operating under condition 1.A., which reduces the number of seats reserved for transit from 32 to 27.

“In the long term, the objective of the Canal is to ensure business sustainability and for this, work is being done to identify, design, pay and eventually execute the necessary investments that reduce the exclusive dependence on the rain regime.”

ADV02-2020 Panama Canal Water Conservation Strategies

For further information please contact us at:

Norton Lilly International (Panama) S.A.
Bldg. 3825  – Office 204
Howard – Panama-Pacifico
Panama, Rep. of Panama
Tel: (507) 304-4600
Fax: (507) 269-3926
Main email:  (24 hours)
Management email: (office hours)


Related Posts

Ship Agent in Panama
What condition will be in effect during the Scheduled Lane Outage at Pedro Miguel Locks?

During the scheduled maintenance from May 9th to May 16th, 2023, the West Lane of Pedro Miguel Locks will be temporarily closed. As a result, Condition 2 will be in effect, as per OP NOTICE TO SHIPPING No. N-7-2023. Applications for reserved transit slots during this period will be accepted starting from May 6th, 2023. Please note that the Just-In-Time (JIT) transit slots for supers will be limited to one per direction, while regular vessels will maintain their one per direction allocation. The daily auction slot for supers will be reduced to one, and the daily auction slot for regulars will be suspended. Neopanamax vessels will not be affected by these changes. Due to the reduced canal capacity, demand for transit slots will likely exceed availability. Please plan accordingly as no supers slots will be offered when the 3rd period opens.

Read More »
Ship Agent in Panama
Panama Canal finds necessary to update maximum draft in the Neopanamax Locks

Despite the ACP’s continuous efforts to minimize draft restrictions by implementing water-saving measures in the transit operation, the level of Gatun Lake has been falling faster than originally predicted. The precipitation in the Canal watershed for the first 11 days of April is approximately 70% below the historical average, and the water supplied by the rivers to the Canal’s watershed is 80% below average.

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!