Skip to... Russell 2000 2838.66 -1.77% U.S. 10 Yr -1 1/32 5.116% KBW Nasdaq Bank Index 173.77 -1.19% S&P GSCI Index Spot 741.99 0.08% * English Edition Edition Use Alt + Down Arrow to expand. This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by ourr 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. # 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 Sept. 23, 2026 7:00 pm ET A tanker transits the Panama Canal. Matias Delacroix/Associated Press 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. Already ar?