Tolls Calculation Guide for a LNG Vessel
LNG toll structure is composed of:
Tariff for cubic meter (mᶟ) capacity
Total Toll
Example #1: Laden LNG vessel – cubic meters (mᶟ) = Capacity 174,000 mᶟ * laden tariff
60,000 mᶟ x $2.50 = $150,000.00
30,000 mᶟ x $2.15 = $64,500.00
$382,440.00
30,000 mᶟ x $2.07 = $62,100.00
54,000 mᶟ x $1.96 = $105,840.00
174,000 mᶟ
$382,440.00
Multiplying by $2.50 the first 60K cubic meter (mᶟ) capacity + multiplying by
$2.15 the next 30K cubic meter (mᶟ) capacity + multiplying by $2.07 the next
30K cubic meter (mᶟ) capacity + multiplying by $1.96 the rest cubic meter (mᶟ)
capacity, results in Total tolls in Mᶟ
The unit of measurement to be used for toll collection of this new type
of ship is the cubic meter (m3) of cargo capacity. This unit is used in
the maritime industry to measure this particular type of ship, as well as
in the trading of LNG, which facilitates the understanding of the Canal
tariff system by this group.
Example #2: Ballast LNG Vessel – cubic meters (mᶟ) = Capacity 174,000 mᶟ * ballast tariff
60,000 mᶟ x $2.23 = $133,800.00
30,000 mᶟ x $1.88 = $56,400.00
30,000 mᶟ x $1.80 = $54,000.00
54,000 mᶟ x $1.71 = $92,340.00
174,000 mᶟ
$336,540.00
Multiplying by $2.23 the first 60K cubic meter (mᶟ) capacity + multiplying by
$1.88 the next 30K cubic meter (mᶟ) capacity + multiplying by $1.80 the next
30K cubic meter (mᶟ) capacity + multiplying by $1.71 the rest cubic meter (mᶟ)
capacity, results in Total tolls in Mᶟ
For further details about toll structure please refer to:
• The Panama Canal Tolls Structure Source: http://www.pancanal.com/peajes/pdf/tolls-proposal-2015.pdf
• Tolls tables Source: http://www.pancanal.com/peajes/ApprovedTollsTables-v2.pdf
• Toll Calculator Source: https://peajes.panama-canal.com/ppal.aspx
$336,540.00
The ballast rate will be applied to the LNG gas
carriers transporting up to a maximum of ten
(10) percent of the total cubic meters (m3) of
cargo carrying capacity.
Tolls Calculation Guide for a LPG Vessel
LPG toll structure is composed of:
Tariff for cubic meters (mᶟ) capacity
Total Toll
Example #1: Laden LPG vessel – cubic meters (mᶟ) = Capacity 84,000 mᶟ * laden tariff
5,000 mᶟ x $5.50 = $27,500.00
20,000 mᶟ x $2.35 = $47,000.00
30,000 mᶟ x $2.30 = $69,000.00
29,000 mᶟ x $1.80 = $52,200.00
84,000 mᶟ
$195,700.00
Multiplying by $5.50 the first 5K cubic meter (mᶟ) capacity + multiplying by
$2.35 the next 20K cubic meter (mᶟ) capacity + multiplying by $2.30 the next
30K cubic meter (mᶟ) capacity + multiplying by $1.80 the rest cubic meter (mᶟ)
capacity, results in Total tolls in Mᶟ
$195,700.00
The new proposal for the LPG gas carrier vessels segment, introduces a
change in the unit of measure used to collect tolls by replacing the
PC/UMS tonnage with the cubic meter (m3) of cargo capacity. This
new measure is used in the trade and transportation of liquefied gases
in bulk such as propane, butane and ethylene.
Example #2: Ballast LPG vessel – cubic meters (mᶟ) = Capacity 84,000 mᶟ * ballast tariff
5,000 mᶟ x $4.40 = $22,000.00
20,000 mᶟ x $1.88 = $37,600.00
30,000 mᶟ x $1.84 = $55,200.00
29,000 mᶟ x $1.44 = $41,760.00
84,000 mᶟ
$156,560.00
Multiplying by $4.40 the first 5K cubic meter (mᶟ) capacity + multiplying by
$1.88 the next 20K cubic meter (mᶟ) capacity + multiplying by $1.84 the next
30K cubic meter (mᶟ) capacity + multiplying by $1.44 the rest cubic meter (mᶟ)
capacity, results in Total tolls in Mᶟ
For further details about toll structure please refer to:
• The Panama Canal Tolls Structure Source: http://www.pancanal.com/peajes/pdf/tolls-proposal-2015.pdf
• Tolls tables Source: http://www.pancanal.com/peajes/ApprovedTollsTables-v2.pdf
• Toll Calculator Source: https://peajes.panama-canal.com/ppal.aspx
$156,560.00
The ballast rate will apply to LPG gas tankers
carrying up to a maximum of two (2) percent
of the total cubic meters (m3) of cargo
capacity.