Panama Canal Toll Fee : How Much Do Ships Pay? | Chief MAKOi Seaman Vlog
In this video, I discuss the fees that ships pay when passing through the Panama Canal and how much they save by doing so.
Panama Canal Toll Fee : How Much Do Ships Pay? | Chief MAKOi Seaman Vlog
#ships
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Chief Makoi could never be a politician. He explains things simply and with common sense which makes them easy to understand !
@ricks.1318
2 жыл бұрын
That IS a hell of a GREAT "compliment to him !!!
@ramonching7772
2 жыл бұрын
@@ricks.1318 But, but, us politicians are really butt hurt. 🤣🤣🤣
@truthsRsung
2 жыл бұрын
Well that ruins how I had life figured out. I was under the impression that anything you couldn't easily explain to a child was on the wrong side of good. All kidding aside... If I were to bestow a title on this person, Diplomat of Common Sense Wouldn't give me pause for a moment.
@lars277
2 жыл бұрын
That is what would make him a great captain.
@Mp57navy
2 жыл бұрын
Political issues generally do not have a clear answer. It's often more difficult than a "yes" or "no". Take a hot topic, like gun ownership, then you'll get my idea.
That was fascinating. Nobody thinks about the cash flow situations. You are a teacher and your humble attitude is why I've made your videos required viewing for me. Be safe my friend.
Did not know Chile charges passage fee for Straits of Magellan, Looked it up, learned something. Thank you, Chief.
@jimaanders7527
2 жыл бұрын
I didn't know that either. I thought that it was open ocean. Maybe they have to pay to have rescue ships available. I hear it gets a little choppy there. I wonder how treacherous it is for a large container ship compared to a "little" wooden sailing ship?
@michaeljames1893
2 жыл бұрын
@@jimaanders7527 The strait is not all the way to the bottom of the continent, so it is saving some distance again on the full internal waters route that you could take.
@peterwaugh9416
2 жыл бұрын
I read that if Global warming keeps up the northwest passage around the top of Canada would be available for ships to transit. There was a big deal made when Canada announced it would charge a fee for ships to use the "open ocean" up there as well.
@matthewbeasley7765
2 жыл бұрын
@@peterwaugh9416 It is also a point of dispute between the USA, Russia and Canada. Canada is claiming many unpopulated islands, and that makes any gap less than 28 miles wide Canadian territorial waters. The USA and Russia disagree.
@MaryWehmeier
2 жыл бұрын
You weren't the only one who didn't know that.
We transited the Panama Canal 3 weeks ago on the cruise ship, Nieuw Amsterdam using the Panamax locks with 1600 paying passengers. We were told that our transit fee was $450,000. This fee was comparable to prior cruise ship transits we have done. Very nice video!
@unnamedchannel1237
2 жыл бұрын
Hokey heck.
This is a valued window to a world most people never get to see. Thank you for the videos 👍
You do an AWESOME job of "educating" us viewers on so MANY things ....... I find your channel somewhat "addictive", and look forward to the next video !!! "Thank you" !
I'm always surprised, when the cost of operating a ship is so high, why shipping companies tend to be such skinflints when it comes to crew comforts like decent and free WiFi. It must be a practically insignificant cost in the scheme of things.
@notroll1279
2 жыл бұрын
Until very recently ago, charter rates were below the full cost to maintain a ship. Many cargo ships were therefore scrapped, which lead to a reduction of the supply. Ship owners who survived that period financially are doing fine again now but it is a hugely cyclical business that can go sour again in a few years. I'd keep a lid on costs if I were in that business...
@IstasPumaNevada
2 жыл бұрын
Because they know they can get labor from poorer or disadvantaged populations, so they don't need to be as concerned with whether their employees like it. And because they are companies, they will cut costs anywhere they can get away with it.
Chief Makoi is good instructor of the new seaferer.Keep safe always chief and God Bless your journey all the time.
Super interesting! Those costs amaze me. I’m just a consumer sitting comfortably and would never have guessed the magnitude of cost for shipping!
If we had public school teachers and college professors teaching the way you do Chief, we would have a nation with decision makers and planners making intelligent choices and policies, and avoiding much of our self-created difficulties. Great job sir.
Chief: We had the pleasure years ago of traveling through the canal from the south to the north on a cruise ship. I found it amazing that the entire operation is gravity fed. No pumps are used to manage the water systems to raise and lower the ships. Thank you for your presentation I found it most interesting.
This was really fascinating. My father, when he was in the US Navy was stationed in the Canal Zone (then it was US territory). He always had some great stories of his time there. Thanks, Chief.
@richardscathouse
2 жыл бұрын
Now it's fully owned by China 😁
You really know your science in this incredible process of cargoing. Don’t think that a real word but it works. . . Thanks you. I did enjoy.
Chief, I am continually impressed with the growing quality of your productions. However, I still miss your onboard VLogs.
I spent 4 years as a kid there, at Fort Clayton, which is right next t the canal! I used to ride my bike to the locks in the early morning, with my monkey Fred sitting on my shoulder. This was the early 1970s... and it was a magical time for me. Dad was Army, and because of him we traveled to many wonderful places on this planet. Thank you dad, miss you.
A few years back, I took a cruise from Los Angeles to Fort Lauderdale via the Panama Canal. They said that the cost was $500,000 approximately using the old Panamax locks. That seemed to agree with the extra port charges times the number of passengers. They had a lecture on the history of the canal. I had a good time photographing the activity as we passed through.
The ones running Suez and Panama canals know pretty much the cost of going all the way around, and set their prices accordingly. Fuel goes up, fees follow. They know they have the worlds ocean traffic in a solid grip. You think it's too expensive? Oh, you are welcome to take another route. If the north west passage will be ice free every summer in the future and considered a free or low cost water way, they might have to adjust the fees.
@h.db.9684
2 жыл бұрын
Letting the Egyptians and the Panamanians nationalize the canals was an incredibly large mistake. Letting two unstable countries - in possible war zones - control the two biggest trade bottlenecks is beyond risky. The Egyptians have raised the fees enough lately that some people have just been going around Africa instead of paying them.
@rjmun580
2 жыл бұрын
@@h.db.9684 `Letting them nationalise the canals` - but the canals run through their countries, why would they allow some foreign government or company to operate them?
@MrJacobst
2 жыл бұрын
@@rjmun580 Possibly because that foreign government built them
@SouthPeter98
2 жыл бұрын
@@MrJacobst none of their governments built those canals
@h.db.9684
2 жыл бұрын
@@rjmun580 everyone already said it. The foreign countries built them. No shade against Panama and Egypt, but if someone else hadn’t built those canals they would still be jungle and desert. Also look into the history of the land where the canals are; it’s pretty complicated.
I am a mechanical designer and also a retired professor. I'm Brazilian, I'm 68 years old, and I've lived for 5 years in the United States. I love watching your video lessons, and I can say that you have a wonderful didactics. Congratulations!
Very interesting video. Most of us land lubbers have no idea of the cost of shipping. Also, great to see you being able to spend more time with your family at home.
Time is money isn’t it Chief? I used to drive 18 wheelers in the US for a few years. When I had my own truck, I did trip planning the same way, especially if I was running from North Carolina to Boston. The North East corridor can get pricey with road tolls, especially NJ&NY. Back 20 years ago, it cost $20 to cross one bridge. I usually took a little longer route but came out way cheaper than forking out 60-70 per trip (2 a week) just for tolls. My loss in time and fuel consumption was no where near the loss of money just in tolls. Much love to you Chief.
The shorter route saves fuel and 10 days time. The ship is then available to load cargo and be under way about 10 days earlier. By now a ship taking the longer route is a week from arriving in port. The canal allows the ship to work harder in a year and make more trips and more money.
Exactly what I like to see on a Saturday morning
Hey Chief, thanks for another great video. Brad Houser said it first - that's called "opportunity costs", that extra 11 days could have been spent doing something else that makes money, not to mention 11 days more wear and tear on the ship.
Fascinating as usual, thanks Chief! 👍👍
This is the best simple breakdown of the costs I've seen , love it .
Thanks chief nice information shared. Cool have a fantastic day.
Everytime interesting and clear. Thanks Chief.
Fascinating! Thanks, Chief!
this was dope ty for doing these calculations. always curious about canals. amazing and so productive
Thank you Chief. I enjoy and appreciate your videos . 💯
Another good and fascinating video from the Chief himself. Thanks man
I’m always happy when you post a video. I had always heard it was expensive but cheaper, great to see actual calculations from an expert.
Your videos are truly the quality I look for. It may not even be something that interests be but the way you deliver the subject makes it well worth watching.
That is amazing. Something I never would of known about . Thank you. I love your videos.
Happy to listen and learn Chief
Evening Chief, Wow, that's quite some saving and time. Many thanks for your time to film and explain. Best regards.
Yet another fascinating and informative video. Thanks, Chief!
Cheif, excellent presentation, really enjoyed getting a sense for the numbers. I recall as a kid once reading that someone swam across the canal and his toll was 50 cents.
Most interesting, thank you Chief.
Finance can really give you a perspective on the world. Very educational video. Of course all Chief MAKOi's videos are very educational!
thank you again ,excellent as always
Fantastic stuff Chief, gives a real clear picture to a landlubber like myself! Keep up the good work!
WOW!!!!! Great info. Thank you. Just, WOW!!!!
Interesting information! Thank you for the time you put into these videos!
Your Content cannot be unmatched chief. Obsessed with your studio🎊🎀🎀🎀🎀
Great video, very informative. The numbers are super large when you think about your daily budget. But it’s just another day at the office for the shipping folks in the corner offices.
Thank you.. I always enjoy watching your videos. 🙂
Chief Makoi..i never saw any dislike in every videos..i salute your hard works
alright, this one I've been waiting for.
Chief, Awesome information! Thank you!!
Great vlog as always! I hope all is well!
Absolutely amazing and very informative Chief MAKOi. thanks
Chief you are a great teacher. I love your videos, BRAVO
Excellent explanation as always. Thanks so much!
Once again, an excellent video, so very interesting... thank you.
Very clear and understand Chief. Keep safe and Keep on sailing.
I learned something new today. Would it be possible for you to show samples of the different types of fuel that a ship burns such as ultra low sulfur, low sulfur, bunker/resid and do a video about it?
WOW. Great Video. Thanks Chief.
Outstanding presentation!!
I enjoy each of you videos. Keep them coming. :)
Very informative. Thanks chief.
I like the way you put videos together and your knowldge I find interesting. Of course the weather around Cape Horn is a factor that cannot be overlooked, winter must be close to impossible.
I always learn something new when I watch this channel.
As a french studying the Panama Canal for school in English major, your video was really clear and enjoyable !!
This was enlightening and enjoyable to watch.
Your videos are informative and interesting. Thank you for posting them.
Very good video! Kudos Chief!
Another super vlogg from the maestro Thanks
Great video... as always. Glad I found your channel, Chief! Hope they use the $$$ Wisely!!🇺🇸🎩🇺🇸
Good job explaining this. You speak explain everything clearly and concisely in all of your videos. With a savings of 11 days you make the ship available for another load plus some days left over after the 2nd time it passes through the PC raising possible profits.
I love this stuff. So, this is how the world actually works! Thanks!
Educative video. Thanks Chief
Thank you for that crash course . I really enjoyed it!
Thanks for this Chief.
Nice........Chief you are da'man. ⚓☸️ Thank you for another great presentation. ✌️
Yes, very informative......thank you
Thanks for taking the time to explain it Cheif. Big time and cost savings using the canal.
That was great! Thanks for sharing this information it was very interesting.
Thank you for another great video !
Thank you, Chief MAKOi.
As usual, a great video, focusing on facts.
SUPERB VIDEO, with so many informations . Thank's a lot Chief, and my best regards for you, your crew and your families. ( From an old French ship agent.)
Thanks Chief, your research is impeccable. The actual dollar figures will, as you said, vary with shipping rates and fuel rates. Used to use Bunker C at $50 per ton!
Thank you for the enlightement.
Amazing. Very interesting. Thank you!
Fabulous video! Thank you for making it
Yes first of all , i really envy to you for offering such informative video vlogs and appreciate it , you are the one of the person who could inspire me to make attention on our carrier job and create as such kind of vlogs to catch esteem of different carriers . ( ChiefA'ung ) .
Just watched that video of you from 2017 crossing the Panama Lochs! Still a great video!
Thank you, my kind of video. DATA! I love it!!!
Thanx chief this was interesting ... Have a nice weekend .
Excellent my friend and Thanks very much!
Great entertainment Chief MAKOi .
Merry Christmas Chief and your crew also your family. Maligayang Pasko sa inyung lahat.
Informative chief ❤️❤️❤️
Great channel! I have learned a lot. 👍🏿
Thank you for making such great videos
Very good explanation, thanks very much Chief Makoi. God bless you.
Thank you for this I know when we would send our grain ships from Texas I always knew the pan was a bit north of 200k but I understand now more and thank you for this calculator we are now focused on IMO and a biodiesel that is renewable not soy-based it will change the way the world ships and bunker fuels will be so inexpensive we will move the world!
Clear as water Chief. Thanks
Great video.Thank you!