Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold - Boston News, Weather, Sports

5 articles, oldest first.

1. WHDH Boston

   Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold - Boston News, Weather, Sports ↗ (opens WHDH Boston)

   Published Apr 23, 2026

   WHDH Boston's feed description

   PANAMA CITY (AP) — Businesses have doled out up as much as $4 million to move boats through the Panama Canal with the Strait of Hormuz effectively

2. Anchorage Daily News

   Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold ↗ (opens Anchorage Daily News)

   Published Apr 23, 2026

   Same headline from 1 more outlet

   Anchorage Daily News's feed description

   The average price to cross through the canal ranges between $300,000 and $400,000. But in a number of cases, companies that have had to re-route last minute and carry sensitive cargo like petroleum have paid big money to jump the line.

3. Fortune

   Even as businesses spend $4 million to cross Panama Canal, they say 'it’s safer and less expensive' than the Strait of Hormuz ↗ (opens Fortune)

   Published Apr 23, 2026

   Fortune's feed description

   While passage through the canal usually comes at a flat rate via reservations, companies without bookings can pay more to cross through an auction that awards slots to the highest bidder. The alternative would be waiting for days off the coast of Panama City.

4. Fortune

   Panama Canal surge pricing: up to $4 million paid out with Strait of Hormuz still closed ↗ (opens Fortune)

   Published Apr 23, 2026

   Fortune's feed description

   "With all the bombings, the missiles, the drones ... companies are saying it's safer and less expensive to cross through the Panama Canal."

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.