Terms and Conditions

The information contained in this website is for general information purposes only. The information is provided by Altamar Panama S.A and whilst we endeavor to keep the information up-to-date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of or in connection with the use of this website.

Through this website you are able to link to other websites which are not under the control of Altamar Panama SA. We have no control over the nature, security, content, safety and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

  • Payments Terms – The Panama Canal Authority (PCA) is requesting a 100% prefunding, wherefore Altamar Panama SA is also requesting 100% Prefunding for Canal Transits upfront.
  • The Nominating Party acknowledges and agrees that any additional charge(s) generated or imposed by the PCA in connection with the nominated transit, or disruption of the same, shall be settled to Altamar Panama SA by the Nominating Party of the Transit, regardless if it arises with a matter for which owners, bareboat charterers or any other party is responsible. By nominating Altamar Panama SA it is understood that Services and Payment Terms and Conditions of Altamar Panama SA are accepted.
  • All outstanding balances in favor of Altamar Panama SA owed by the Nominating Party, or imposed to the vessel and for which Altamar Panama SA might be liable for, shall be settled no later than 30 calendar days after receipt of FDA (Final Disbursement of Accounts) or market interests may be applied. In case of disruption charges imposed by the PCA, no later than 5 calendar days from receipt of invoice from the PCA.