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Hikes in Canal Rate

By Sandy at 02/04/07 00:22

To help offset the cost of the $5.25 billion face-lift for the Panama Canal there will be yearly price hikes of 10% this year, 17% in 2008 and a further 14% the following year. The main users of the canal are U.S., China, Japan and Chile.

Original source: Daily Times. Panama Canal plans to hike tariffs

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