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News Wire / economy

Panama Canal Tolls Surge Amid Drought Concerns

developing KQED FM Panama City 59m Impact 7
Shipping companies are paying over a million dollars to transit the Panama Canal due to drought concerns. Fees averaged 300% in April, with some vessels using an auction system.

Topics

Panama Canal drought shipping

Developing

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Sources · 7 independent

KQED FM

“The Panama Canal Authority says some vessels are paying more than a million dollars to”

WAMU 88.5 DC

“Canal. As NPR's Jackie North and reports, it's costing shipping companies more.”

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