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Panama Canal Authority approved a new toll structure starting October 1, 2017, with lower rates for LNG, LPG and breakbulk vessels and rewards for Neopanamax ships on return voyages within 28 days. The change aims to encourage more round-trip voyages and competition with the Suez Canal.
The toll change mainly affects container and gas carriers, so its effect on grain freight and feed prices is limited.
supplychaindive.comEdwin Lopez, Jennifer McKevittAug 9, 2017Not 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.
