PCSOPEP plan management with tariff changes on January 1, 2024

PCSOPEP plan management with tariff changes on January 1, 2024

In the Advisory to Shipping A-34-2023, the Panama Canal Authority published a new structure of Maritime Service tariffs to be implemented on January 1, 2024.

The new structure includes the simplification of the tiers into which vessels are classified according to their oil-carrying capacity.

Vessels currently classified as Tier S and Tier 1 will be unified into Tier 1 (the tariff for this tier will remain at $660 per transit); and vessels currently classified as Tier 4 and Tier 5 will both fall into tier 4 (the new tariff for tier 4 will be $2,000 per transit).

The plans that have been and will be submitted with vessels classified as Tier S and Tier 5 will remain valid; however, in our systems, those vessels will be classified as Tier 1 and Tier 4, respectively, starting at 0001 hours, January 1, 2024. The same will apply to all vessels already classified in our system in those categories.

Although new submissions for plans sent with the Tier S and Tier 5 classification will not be requested, our clients are encouraged to inform their plans writers to consider these changes in tier classification for plan submissions past December 31, 2023.

For further information or clarification, please feel free to contact us. Our team remains always at your disposal for a safe and trouble-free passage.