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HomePanama Canal

Panama Canal

Panama Canal
Exports

Panama Canal Bets on Asian Demand to Boost Flailing LNG Traffic

October 31, 2024 Clark Savage

The Panama Canal has had to navigate several headwinds in recent months. Restrictions at the Panama Canal have been eased in recent months, and the canal authority hopes ship traffic will begin to rise. Panama […]

Panama
Crude Oil News

Panama orders immediate cancellation of all sanctioned vessels

October 21, 2024 Stu Turley

The president of Panama Jose Raul Molino has issued an executive decree which will see the Panama Ship Registry, the second-largest shipping registry in the world, cancel any vessel on international sanction lists. The Panama […]

LNG
Exports

What Would Happen if a Major Waterway were Closed to LNG tankers?

May 13, 2024 Clark Savage

Introduction Recently we have seen two instances where LNG tanker traffic was affected due to issues in the Panama Canal and the Red Sea.  In the case of the Panama Canal, low water level in […]

Panama Canal Authority
Press

Panama Canal Authority increases daily slots and maximum draft

April 16, 2024 Stu Turley

Panama Canal Authority Further evidence that the worst of the El Nino-led drought is over in Central America came yesterday with an advisory from the Panama Canal Authority (ACP) announcing an increase in booking slots […]

Panama Canal Authority
Crude Oil News

Panama Canal Authority warns restrictions will remain in place throughout 2024

April 10, 2024 Clark Savage

The Panama Canal Authority (ACP) has claimed that the tide has turned in its ongoing battle to get back to normal operations, following a debilitating year of drought-induced cuts to drafts and transits. “Current forecasts […]

Panama Canal
EIA News

Drought at the Panama Canal delays energy shipments, increasing shipping costs

October 31, 2023 Clark Savage

October 31, 2023 Data source: Panama Canal Authority, Argus Freight A drought is limiting ship traffic through the Panama Canal. The resulting delays caused shipping rates through the Panama Canal for Very Large Gas Carriers […]

Panama
Commodities

Panama Canal Authority sets the record straight on congestion figures

August 24, 2023 Clark Savage

The Panama Canal Authority (ACP) has moved to highlight the real congestion numbers at both ends of the waterway amid misleading reports carried in recent days suggesting there are 200 ships waiting. The ACP has […]

Commodities

As Panama Canal Hit With Draft Restrictions, Goldman Says Shippers Have Three Options

June 12, 2023 Clark Savage

Panama Canal officials have enforced a vessel draft restriction because of a severe water crisis. We noted in a piece weeks ago titled “Panama Canal Hit By Shipping Restrictions As Water Crisis Set To Worsen” […]

Iran
Geopolitical

Iran’s Navy To Sail Fleet To Panama Canal In Challenge To US

January 12, 2023 Clark Savage

Via The Cradle, According to a report by Tasnim News Agency, during a conference on maritime civilization in Tehran, Iranian Navy Commander Rear Admiral Shahram Irani announced on Wednesday that plans are in progress to […]

LNG Vessels U-Turn to UK - From Hawaii
Exports

LNG Vessel’s U-Turn to U.K. From Hawaii Shows Draw of European Energy Crisis

January 18, 2022 Clark Savage

Getting LNG to gas-starved Europe is so profitable that one tanker carrying the fuel made a U-turn in the Pacific Ocean, crossed the Panama Canal twice and spent nearly $1 million in tolls just to […]

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