With the opening of the Panama Canal growth in June, it was to be anticipated that the waterway would shatter all types of cargo quantity data, however with the canal’s added capability one determine specifically stands out: $829,468.

That’s the staggering toll a containership beforehand too massive to make use of the Panama Canal simply paid to go by means of it.

The toll was paid by the Mitsui O.S.Ok. Lines-operated MOL Benefactor for a northbound transit of the canal on July 1, 2016, the Panama Canal Authority has confirmed. The earlier toll file was paid by the COSCO Shipping Panama for its inaugural transit of expanded locks to the tune of $575,545.

In reality, the ten,000 TEU MOL Benefactor was really the first neopanamax containership to make use of the brand new locks since business operations started June 27, so the transit gives a glimpse of what’s prone to come when it comes to toll income. 

The ACP stated as of June 30 a complete a complete of 174 vessel has booked slots to transit the Panama Canal’s neopanamax locks, though it didn’t disclose what number of of these have been particularly neopanamax containerships. 

The ACP units tolls for containerships primarily based on vessel dimension and TEUs, so assuming containerships with a cargo capability of as much as 13,000 TEU start utilizing the canal as anticipated, it looks like it’s solely a matter of time earlier than we see the primary million greenback transit of the Panama Canal.