INTERTANKO makes direct approach to the Panama Canal Authority (ACP) on the auctioning of transit lots

Reference is made to the article published in Weekly NEWS No. 16/06 dated 21 April 2007 on this issue.

INTERTANKO has received further input from members expressing disapproval and concern related to the trial introduction of the auctioning of one extra daily transit slot to the highest bidder.

Although recent market information indicates that the backlogs of waiting ships have been substantially reduced during the past week, INTERTANKO still feels the need to take a stand on behalf of its members and has sent a letter to the Panama Canal Authority (ACP) for comments and hopefully for appropriate action (click here to view).

Members will be kept informed of further developments.

Contact:Gunnar A. Knudsen