Some vessels have paid over $1 million to win a preferred time-slot to pass through the Panama Canal since the outbreak of the Mideast war, said Víctor Vial, vice president of finance at the canal ...
Asian buyers are increasingly sourcing U.S. crude via the Panama Canal as Middle Eastern supply is disrupted, pushing Canal traffic to a four-year high. Transit costs have surged, with last-minute ...
The Panama Canal is set to open the selection process for its net-zero transit reservation system next month, offering shipping companies an incentive to accelerate the adoption of alternative fuels ...
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