AndronETalksNews
AndronETalksNews
Fortune
BY RUTH LIAO, ANNA SHIRYAEVSKAYA AND BLOOMBERG
November 8, 2023 at 2:12 PM EST
A shipper has paid nearly $4 million to jump to the front of the line at the congested Panama Canal waterway, a record high.
Japan’s Eneos Group paid $3.975 million in an auction Wednesday to secure the crossing, bidding documents show. That comes on top of the regular transit fees companies pay, which can be hundreds of thousands of dollars more.
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