The $300K cost is actually calculated to be just below the amount it would cost extra to sail around the cape, adjusting for other factors, of course. There's

The $300K cost is actually calculated to be just below the amount it would cost extra to sail around the cape, adjusting for other factors, of course. There's actually a robust and competitive market for intercontinental shipping canals: https://www.industryweek.com/ideaxchange/article/21965825/suez-and-panama-a-healthy-competition https://www.industryweek.com/ideaxchange/article/21965825/su...