Regulation & law · 29/11/1996Updated: 10/18/2026 · 1 min read

Panama Canal Toll Increase Takes Effect on January 1, 1997, to Cover Maintenance and Operation Costs

The Panama Canal Commission has announced a two-phase toll-rate increase to cover the costs of maintenance and operation, with rates rising from $2.21 to $2.39 per PC/UMS Net Ton for merchant vessels and from $1.76 to $1.90 per PC/UMS Net Ton for vessels in ballast, effective January 1, 1997, and further increases to $2.57 and $2.04 per PC/UMS Net Ton, respectively, on January 1, 1998.