In light of the decree issued by the Panama Maritime Authority, Maersk has recently introduced the Port Additional/Port Dues Export (PAE) and Port Additional/Port Dues Import (PAI) fees. This decision coincides with recent service disruptions in Panama, heightened utilization of its ports amidst water level reductions, and supplementary costs emerging in anticipation of CNY24.

Understanding PAE and PAI Fees:

The Port Additional/Port Dues Export (PAE) and Port Additional/Port Dues Import (PAI) fees are charges imposed to cover terminal fees that were previously invoiced directly to customers. This government mandate, as outlined in decree J.D. No. 054-2023, is already in effect and aims to streamline the process of covering miscellaneous port expenses paid by the carrier and then billed to the customer.

PAE Fees – for the Panama Exports:

For shipments originating in Panama and destined for the world, excluding regulated countries, Maersk has implemented the following PAE charges:

USD 43 per container effective from 29th January 2024.

For shipments from Panama to specific destinations such as Colombia and FMC (Federal Maritime Commission) countries, different rates are applicable:

Balboa Terminal, Cristobal Terminal: USD 37 per container.

Manzanillo Terminal: USD 30 per container.

Furthermore, starting from 3rd February 2024, a rate of USD 43 per container will be applicable for shipments from Panama to Vietnam. For shipments to Brazil and Taiwan, the rate increases to USD 43 per container from 18th February 2024.

PAI Fees – For the Panama Imports:

On the import side, for shipments destined for Panama from the world, excluding regulated countries, the PAI fees are as follows:

USD 58 per container effective from 29th January 2024.

Similar to the PAE fees, specific rates apply for shipments arriving in Panama from Colombia and FMC countries:

Balboa Terminal, Cristobal Terminal: USD 50 per container.

Manzanillo Terminal: USD 47 per container.

Moreover, starting from 3rd February 2024, a rate of USD 58 per container will be applicable for shipments from Vietnam to Panama. For shipments from Brazil and Taiwan, the rate increases to USD 58 per container from 18th February 2024.

Recent Disruptions and Increased Port Usage:

The announcement of these fees comes at a time when the shipping industry has experienced disruptions in services via Panama. Increased usage of Panama's strategic ports, coupled with growing demands for reliable shipping routes, has necessitated a reevaluation of costs associated with port operations.

With the Lunar New Year (CNY) approaching, a time when the shipping industry experiences heightened activity, these additional charges will play a crucial role in maintaining the smooth flow of goods through Panama's ports. Forwarders are advised to factor in these charges when planning their logistics and budgeting for upcoming shipments.