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From 1 January 2023 the Panama Canal applies disruption charges to non-self-propelled vessels such as dead tows and dead ships, on top of tolls. Charges range from $15,000 for low-impact disruptions to $250,000 for high-impact cases on neopanamax vessels.
The fees raise the cost of moving bulk cargo through the canal, a minor added cost for grain and oilseed shipments that could slightly support freight prices on affected routes.
gac.comJan 17, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
