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14 Nov 2023

$4M

Record Amount Paid by Ship Owner to Skip Panama Canal Queue

Eneos Group of Japan paid a record $3.975 million to skip the queue at the congested Panama Canal on top of regular transit fees. A growing line of ships alongside severe drought has prompted Panama Canal Authority's increasingly drastic restrictions and held auctions allowing ships to jump ahead in line. [Source](https://fortune.com/2023/11/08/panama-canal-congestion-record-4-million-skip-line/?utm_medium=social&utm_campaign=fortunemagazine&utm_source=twitter.com&xid=soc_socialflow_twitter_FORTUNE)