Maritime & Shipping

December 02, 2024

Platts discontinues 12 daily Panama Canal charge assessments

Platts, part of S&P Global Commodity Insights, has discontinued 12 daily Panama Canal charge assessments, effective Dec. 2.

Platts understands that more comprehensive and readily accessible data on forward averages for freshwater levels and associated charges are provided directly by the Panama Canal Authority.

The assessments affected are:

Assessment Symbol
Panama Canal Water Level (current) PCWLM00
Panama Canal Water Level M1 Average (1-30 days fwd.) PCWLM01
Panama Canal Water Level M2 Average (31-60 days fwd.) PCWLM02
Panama Canal Surcharge (current) PCWSM00
Panama Canal Surcharge M1 Average (1-30 days fwd.) PCWSM01
Panama Canal Surcharge M2 Average (31-60 days fwd.) PCWSM02
Panama Canal Base Toll Supramax (laden) PCTSL00
Panama Canal Base Toll Lumpsum Supramax (Laden) MAvg PCTSL03
Panama Canal Base Toll Lumpsum Panamax (Ballast) PCTPB00
Panama Canal Base Toll Lumpsum Panamax (Ballast) MAvg PCTPB03
Panama Canal Base Toll Lumpsum Panamax (Laden) PCTPL00
Panama Canal Base Toll Lumpsum Panamax (Laden) MAvg PCTPL03

The discontinuation was first proposed here on Sept. 9, followed by a decision note published Sept. 23 and which can be found here.

Please send all feedback, questions and comments to shipping@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if they are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make those not marked as confidential available upon request.