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Egypt s Suez Canal to take more vessels as drought-stricken Panama Canal deals with bottleneck situation – NaturalNews com

Egypt s Suez Canal to take more vessels as drought-stricken Panama Canal deals with bottleneck situation – NaturalNews com
naturalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naturalnews.com Daily Mail and Mail on Sunday newspapers.

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Why I Continue To Include Ardmore Shipping In My Value Portfolio (NYSE:ASC)

Why I Continue To Include Ardmore Shipping In My Value Portfolio (NYSE:ASC)
seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.

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Shipping Could Be a Big (IN the) Red Boat

There are a few more things roiling the waters as far a the oceanic shipping industry is concerned that I thought were kind of interesting. I’ve already covered the continuing Panama Canal issue.

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The Panama Canal is so clogged up that a shipping company paid $4 million to jump the line: report

Shipping companies are bidding ever-higher amounts to get through the Panama Canal faster. A Japanese company paid a record $4 million on top of normal fees,

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$4 Million Gives Shipper Priority Panama Canal Passage

The nearly $4 million bid is well more than the $2.5 million paid this summer to bypass the buildup at the drought-plagued waterway.

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