The Panama Canal Authority announces permanent implementation of auctioned booking slot

Reference is made to our article in Weekly NEWS No. 21/06, dated 26 May 2006. 

Despite INTERTANKO’s direct appeal to the Panama Canal Authority (ACP) to abolish the auctioning of an extra daily booking slot upon expiry of the 60-day trial period, the ACP has nevertheless decided to make this arrangement permanent as from 1 June 2006.  

Click hereto view the circular No. A-12-2006, which provides complete information on the matter and the rationale behind its permanent implementation. 

It has come to INTERTANKO's attention that several tankers have recently utilised the option of the auctioned transit booking slot.

Source: Panama Canal Authority, Balboa; C. Fernie & Co., S.A., Cristobal 

Contact:Gunnar A. Knudsen