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The Panama Canal Authority plans a $70bn long-term development programme to reach zero-carbon operations by 2050, including green hydrogen and replacement tugs. The PCA acknowledged that decarbonisation costs will raise long-term transit prices, while Suez Canal has announced a near-term toll increase.
Rising canal tolls add to long-run shipping costs for grain and feed ingredient cargoes, a modest upward pressure on delivered feed input prices.
theloadstar.comNick SavvidesNov 5, 2021Not 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.
