The Panama Canal is seeing a revenue bump amid the concerns driven by the Iran war as shipping companies continue to skirt the Strait of Hormuz . Revenue at the canal has grown between 10 percent and 15 percent since the start of the conflict in late February, Panama Canal Authority (ACP) chief financial officer Victor Vialtold the Financial Times. The revenue bump stems from an acceleration in bookings , with the ACP already confirming that one company paid $4 million to pass through the canal. On average, the canal operator indicates that the average auction price paid to transit the waterway increased from $135,000 before the war’s outbreak to approximately $385,000 between March and April. About 80 percent of the auctions since Feb. 28 have ended in a price below $1 million. These auctions are designated for vessels that don’t make reservations ahead of time, and open an extra three to five vessel slots daily.…