Panama Canal Rules Out Price Speculation Over Hormuz Blockade

Panama Canal Administrator Ricaurte Vásquez told foreign journalists that the waterway is not speculating on transit prices despite a surge in demand caused by the blockade of the Strait of Hormuz. Nine out of 10 vessels book their crossings in advance through the reservation system. The remaining slots go to the highest bidder in daily […] The post Panama Canal Rules Out Price Speculation Over Hormuz Blockade appeared first on The Tico Times | Costa Rica News | Travel | Real Estate.

By Tico Times