Increase in Tolls for the Panama Canal transit
20 July 2022
It is now official that the increase of Tolls for the Panama Canal transit starts on January 1st, 2023 and is divided into 3 parts (January 1st, 2023, January 1st, 2024 and January 1st, 2025).
Adjustments to small vessels tolls:
Modifications to small vessel tolls involve adjustments to the maximum limits of displacement tonnage established by tolls based on length overall.
These tolls apply to all small vessels (length overall up to 125 feet).
Vessels of length overall greater than 125 feet, of any market segment, with PC/UMS tonnage up to 999 as the maximum limit, will be applied the small vessels tolls in the length overall range greater than 100 feet, in addition to all related charges for other maritime services.
The proposed modifications to small vessel tolls involve adjustments to the maximum limits of displacement tonnage established by tolls based on length overall (1,000 displacement tons). Vessels with a displacement tonnage greater than 1,000 will be assessed tolls based on the proposed displacement tolls.
Below is the table that shows the tolls increase for the 3 years for vessels/boats that pay Tolls based on their length and not tonnage:
Yachts that pay tolls based on PC/UMS tonnage fall in the segment of "Others". There will be a substantial increase in Tolls to be paid for vessels/boats that pay based on their tonnages or PC/UMS tonnage as per the table. The total tolls to be paid will be a combination of a Fixed Fee plus the PC/UMS of the vessel times $2.00 on 2023, $2.50 in 2024 and $3.00 in 2025.
However, most yachts up to 180 ft and some close to 200 ft would still pay based on their length because of their PC/UMS tonnages. Associated Yacht Services recommends sending them an email (yachts@shipsagent.com) and they can make the calculations for you. For more information, download the Adjustment to Tolls from the Panama Canal.
More news
Launch of a New AV/IT Training Programme to Address Growing Skills Gap Onboard Superyachts
The Professional Yachting Association (PYA) spearheaded the development of a series of courses to deliver fit-for-purpose AV/IT training, aligned with real onboard needs. The courses will be provided through IAMI GUEST Accredited training providers.
Antibes (France), 21 Jan. 2026 - Yacht agents and captains are reporting a growing demand for crew with Electrical Technical Officer (ETO) certification. However, while an ETO Certificate of Competency is a degree-level qualification focused primarily on high-voltage electrical systems, the operational reality onboard many yachts tells a different story.
(2).png)
Real Life On Board Competition - Superyacht Reality Project
The PYA, with the backing of the Raising The Bar think tank, invites yacht crew worldwide to contribute to Superyacht Reality – Real Life On Board, a global photo and video competition designed to reflect the authentic experience of working on superyachts.
This initiative aims to support career awareness, promote realistic expectations of life at sea, and share the everyday moments that define professional yachting — from teamwork and skills development to the challenges and rewards of working on board.
The competition starts on 19th January 2026, ends on 22nd March 2026, and the winners will be announced the following week.
PYA Christmas Ball 2025 Highlights
The 2025 PYA Christmas Ball took place on 5 December at the Hotel Martinez in Cannes, bringing Captains, crew and well-known leading industry professionals together for a 1960s-themed evening. We started with a cocktail reception, with live musicians playing as guests arrived in retro attire. After months of preparation, we were truly delighted to see how much our members and partners enjoyed this special night. The PYA Christmas Ball remains a cherished tradition, bringing our community together to celebrate, connect, and create lasting memories.