Panama Canal Delays Toll Increase for 3 Months on Complaints
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The Panama Canal Authority said it will delay raising tolls on the waterway for three months after shipping companies objected to the increases.
Revised tolls for general cargo, dry bulk, tanker, chemical tanker and other categories of shipping will go into effect in October instead of July 1 “in response to industry requests,” the canal authority said in an e-mailed statement today. The authority will hold further consultations about the changes before submitting them for approval, it said.