Panama Puts a $5.3 Million Price on One Canal Transit
One transit slot through the Panama Canal sold at auction for a record $5.3 million on September 1, paid by South Korea's SK Gas for a northbound LPG tanker, per Bloomberg and Kuehne+Nagel. Before February, the median winning bid was about $55,000. The same waterway that moved roughly 36 ships a day through the summer is now capped at 32, and every container ship booked from Asia to the US East Coast this quarter is carrying the cost in a new line item.
Key Takeaways A Panama Canal transit slot sold at auction for a record $5.3 million on September 1, up from a median winning bid near $55,000 before February 2026. Canal advisories A-28-2026 and A-29-2026, issued August 20, cut daily transits…
Continue reading with Premium
The full supply-chain analysis, with levels, positioning, and what changed, continues below the line.
- checkFull deep-dive reports while they're current: levels, positioning, and conviction scores
- checkWatchlist changes as our analysts make them
- checkExclusive investigative reports
Not ready? Create a free account for extended previews · Already a member? Log in
Secure checkout via Stripe