Panama Canal is running low on water, and it’s rationing ships to cope: What that means for global shipping
The auction bid to skip the queue at the Panama Canal last week was $4.6 million. It was paid by an empty liquefied petroleum gas supertanker, the G. Arete, and it was the highest fee the waterway has ever charged for a slot, Bloomberg reported. Days earlier, a container ship had paid $4 million for … Read more