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Fee Cuts at Suez Canal

By Sandy at 02/21/07 22:55

During the expansion process of the Panama Canal its rival the Suez Canal, which is the world's busiest waterway,is offering a transit fee discount to divert Asia to U.S. Pacific Ocean trade in order to boost trade before its rival completes the expansion.

Original source: Bloomberg.com. Suez Canal to Cut Fees to Lure Traffic Amid Panama Expansion

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