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 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 […]
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 […]
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 […]
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 […]
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” […]
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 […]
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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