The next 3 paragraphs:
However some are caught up in the chaos and have to pay several times the average tolls.
Lars Oestergaard Nielsen, who is head of customer delivery in the Americas at shipping company A.P. Moller-Maersk, said: 'We had two ships that couldn't book and it was quite expensive.
'We went to an auction and paid $900,000 on top of $400,000 normal toll fee for each ship to cross.'
The article states one thing and then contradicts itself. If I didn't know better I'd say someone is pumping up shipping stocks.
Maybe, but I believe the ships and canal traffic are trackable at:
https://www.marinevesseltraffic.com/PANAMA-CANAL/ship-traffic-tracker
I don't know what's usual, but it does show a significant number of ships anchored at each end.
I'm not debating the fact that the canal has a backlog, just that the fear of "price hikes" seems to be a side note to this story.
(post is archived)