Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/logistics/how-the-panama-canal-became-a-50-mile-waterway-with-a-5-million-ticket-price-271095f4 How the Panama Canal Became a 50-Mile Waterway With a $5 Million Ticket Price High bids to use the waterway follow shipping disruptions from the Iran war and extreme weather A tanker transits the Panama Canal. Matias Delacroix/ Large cargo ships have recently paid up to $5 million to pass through the Panama Canal, as the global shipping industry reacts to trade disruptions from the Iran war and extreme weather patterns in the Western Hemisphere.
The recent bids to use the 50-mile interoceanic waterway, which handles almost 6% of global trade, reflect the canal’s crucial role at a time when shipping companies have been forced to shift maritime routes. Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Meta’s New AI Agent Is an Instant Hit—and the Backlash Has Already Begun French Soccer Legend Thierry Henry Lists New York Penthouse for $25 Million $5 Billion Flurry of Nearly Identical Kalshi Trades Draws Scrutiny The Behind-the-Scenes Push to Get Xi a Red Carpet Welcome in America Cocaine Smugglers Blow Past Europe’s Law Enforcement With Speedboats and Tech Plays sound Contains adult content Covers the page Other
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