The Panama Canal Authority (ACP) announced it has held a public hearing into proposed modifications to the waterway’s tolls structure.
The hearing came after 32-day consultation period for industry feedback.
ACP said all comments, spoken and written, received during the hearing will be evaluated before the body’s board of directors submits its recommendations to the Cabinet Council of the Republic of Panama for approval.
Modifications to the tolls structure was first announced on June 1. Their purpose is to ensure price fairness and competitive ness for the Canal now that it is a year into its new post-expansion era.
Some analysts say the likely upshot of the modifications as first proposed would be lower rates for container ships but higher ones for liquefied petroleum gas (LPG) and liquefied natural gas (LNG) carriers.