Sunday, January 19, 2020

"Panama Canal announces freshwater surcharge amid scant rains"

The Canal Authority presented its annual report last week highlighting that 2019 was one of the watershed’s lowest rain years in many decades, about 20% below the historic average.


Each passage entails the usage of millions of gallons of freshwater, much of which is released into the ocean.

Clients pay an average of $188,000 per transit, though some crossing fees rise as high as $1 million, according to authorities.