Trade War Hits Panama Canal Revenues

By Michael McDonald (Bloomberg) - The trade tension between the U.S. and China is making waves at the Panama Canal. Cargo from the U.S. to China going through the key waterway has slumped this year as the Asian giant cuts its imports of American food and fuel, according to Panama Canal Authority CEO Jorge Luis Quijano. Amid the dispute, Japan has displaced China as the … [Read more...]

Expanded Panama Canal Breaks 15,000 TEU Vessel Threshold

The Panama Canal completed a trial transit of Evergreen’s Triton, the largest ship by dimension and container cargo capacity to pass through the Expanded Canal since it opened in 2016. The Triton has a Total TEU Allowance (TTA) of 15,313, a 20-row beam of 51.2 meters and a length of 369 meters. It transited the canal northbound from the Pacific to the Atlantic Ocean. “We … [Read more...]

Panama Canal Transits First Q-Flex LNG Carrier

The Panama Canal welcomed the largest liquefied natural gas tanker to ever transit the waterway over the weekend.  The tanker, Qatargas’ Al Safliya, transited the Expanded Panama Canal on Sunday, part of a northbound from the Pacific to the Atlantic Ocean. At 315 meters in length, 50 meters in beam, and an overall cargo capacity of 210,000 squared meters, the Q-Flex LNG … [Read more...]

LNG Carrier Marks 6,000th Transit Through Expanded Panama Canal

The Panama Canal has welcomed the 6,000th Neopanamax vessel through the Expanded Canal with the transit of the LNG carrier Energy Liberty on voyage from the U.S. to Japan. The Panama Canal Authority says the milestone underscores the route’s ability to accommodate the highly-dynamic liquefied natural gas (LNG) segment, which first started using the waterway following the … [Read more...]