New Panama Canal Fee and Weight Guidelines

New draft limitations on ships traveling between Asia and the East and Gulf Coasts of the US has been implemented. CMA CGM has announced that it will adjust its Panama Canal Adjustment Factor as follows:

• Effective Date: June 1, 2023
• From/via: Asia (including China, Hong Kong, Taiwan, South Korea, and Japan)
• Ports of Load To: All US East Coast, US Gulf Coast, and Canada Ports of Discharge Cargo: Dry and Reefer
• Amount: USD 300 per container

Tons per TEU by week:

The recent measures are likely in response to prevailing drought conditions causing a decrease in water levels, leading to the sixth adjustment of its kind since the beginning of the year. This is likely temporary because once the rainy season begins in the area, water levels should go back to normal. Noatum will continue to send timely and accurate updates as more is released.

If you have any questions, please contact your local Noatum Logistics representative.