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21 September 2020 The on-line newspaper devoted to the world of transports 11:21 GMT+2

November 10, 1998

Panama Canal results unaffected by El Nino

FINANCIAL results for the Panama Canal's just-ended fiscal year were not affected by the El Nino weather phenomenon which prompted draft restrictions on the canal last summer, or the Asian economic crisis.

In fact, revenue from tolls on the canal were up nearly 11 per cent to US$545.7 million.

The Panama Canal Commission attributes the rise to higher tolls, ......
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