Supertanker Pays Record $4.6 Million to Skip Panama Canal Line
11 Articles
11 Articles
An empty superoiler paid the staggering $4.6 million to skip the Panama Canal line next week, in a context in which the war with Iran and the intensification of the El Niño phenomenon are disrupting world trade routes.According to operators, agents and a maritime report consulted by Bloomberg, the tariff, paid by auction, will allow the liquefied petroleum gas tanker G. Arete to quickly cross the channel from the Pacific Ocean to the Caribbean s…
Panama Canal Fees Hit Record As El Nino, Hormuz Crisis Choke Global Shipping
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Under the combined effect of geopolitical and climate crises, prices granted by merchant ships to transit through the Panama Canal are exploding. Some have even paid more than three million francs for a single passage.
Empty LPG Tanker Pays Record $4.6 Million to Jump Panama Canal Queue Amid Iran War
The G. Arete tanker paid a record $4.6 million to bypass Panama Canal congestion, highlighting how Iran conflict and El Niño conditions are disrupting global shipping routes.
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