Panama Canal postpones price increases after letter of concern

It will not become more expensive to pass through the canal, states the Panama Canal Authority shortly after new charges were supposed to take effect. The last-minute change of plans follow a letter of concern from several organizations.

Photo: Arnulfo Franco/AP/Ritzau Scanpix

A number of major shipping organizations have expressed concern over the Panama Canal's plans to raise transit fees.

As a result, the canal authority now postpones the planned price increases, informs the Panama Canal Authority (ACP) in a statement.

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