Panama Canal increases service fees
The Panama Canal Authority said today it will increase its service fees for moving vessels through the canal, effective March 1.
Rates for tug services will increase 8 percent. Line handling services will increase 7 percent. There will also be a $300-per-wire fee for ancillary locomotive service, up from the current $200 per wire.
The canal authority attributed the fee increases to higher operating costs, caused primarily by higher fuel costs.
Panama Canal increases service fees