The Panama Canal Authority has met with the Japanese Shipowners Association and several car manufacturers in Japan to discuss the canal’s future toll structure.
During the meetings, the Panama Canal Authority presented an analysis of the potential pricing structure for the car carrier segment, which included feedback recently received from this group. The authority also provided an update on its expansion project.
The meetings with the car carrier industry are part of the authority’s efforts to keep an ongoing dialogue with its customers and keep them informed of the latest developments in all areas of business, said Jorge L. Quijano, Panama Canal administrator, in a written statement.
“Such meetings will continue through January 2014 to enable us to arrive at a final tolls proposal within the first half of 2014,” he added.
The Panama Canal delegation also addressed operational issues and reported on planned additional investments in infrastructure and equipment beyond those related to the expanded Panama Canal. The Panama Canal Authority has been studying new business initiatives to make the waterway more attractive to customers, including the development of a container terminal, a roll-on, roll-off facility and logistics parks.