SKorean gas tanker pays $5.3M to transit Panama Canal

1 week ago

A tanker carrying liquefied petroleum gas has paid $5.3 million for priority passage through the Panama Canal ahead of El Nino-related restrictions, the waterway's deputy administrator, Ilya Espino de Marotta, said on Thursday. South Korean company SK Gas paid the record sum for the G. Spirit to transit the shipping lane on September 1, two days before canal authorities reduce the