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03-05-2016, 10:45 AM
The impact of Kra canal(1200 nautical miles lesser) is so much lesser than panama(7600 nm ??) and suez(6400 nm??).
Panama and suez is able to charge an arm and a leg (around USD 300k??) for the toll to save weeks of travel.
Assuming that kra canal charges five times lesser which is rather optimistic since the fixed cost is the same for all, the cost will be around USD60k.
The saving is not that great and it will take a long time to get back the invested capital.
Panama and suez is able to charge an arm and a leg (around USD 300k??) for the toll to save weeks of travel.
Assuming that kra canal charges five times lesser which is rather optimistic since the fixed cost is the same for all, the cost will be around USD60k.
The saving is not that great and it will take a long time to get back the invested capital.