will charge an interruption fee for ships that disrupt the canal's normal transportation plan, cause delays or other operational efficiencies. The new tariff item is based on the size, type and cargo of the ship on the basis of the regular crossing fee.

According to the Panama Canal Authority, the interruption fee will be assessed on a case-by-case basis on the impact on canal operations and the duration of the delay. The fee will be calculated on the basis of a fixed rate per ton of cargo or displacement of the ship, with a ceiling.

Panama Canal Authority pointed out that the interruption fee is a strategy to ensure the efficient and reliable operation of the canal, which is crucial to global trade. This canal connecting the Atlantic and Pacific Ocean is one of the most important shipping routes in the world, handling more than 14000 crossings every year.

industry stakeholders have mixed responses to the implementation of the interruption fee. some welcomed the new tax items to encourage ship operators to be more careful in their operations and to mitigate the impact of unforeseen events. However, there are also concerns that these charges may result in unfair penalties for ship operators beyond their control.

in response to these concerns, the Panama Canal Authority stressed that the interruption fee is intended to be a fair and transparent means to address the impact on canal operations. The Authority also said it would work closely with ship operators to minimize the impact of ship interference with the canal and ensure timely and effective handling.

Overall, the implementation of the interruption fee is expected to have a significant impact on ship operators using the Panama Canal. As global trade continues to grow, efficient operation of the canal will remain a key factor in ensuring the flow of goods and services between the Atlantic and Pacific Oceans. Therefore, the Panama Canal Authority believes that the interruption fee will help ensure the long-term feasibility and sustainability of this key route.

Source: China Shipping Network