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panama canal drought


Tuesday, December 19, 2023
qatar lng ship
Piracy

Some LNG Carriers Avoid Red Sea as Attacks Increase

SINGAPORE, Dec 19 (Reuters) – Several liquefied natural gas (LNG) vessels have changed their courses in recent days to avoid the Red Sea region

December 19, 2023
Total Views: 1970

Saturday, December 16, 2023
Drought hit Panama Canal further restricts maximum ship depth
Shipping

Panama Canal To Ease Drought Restrictions In January

By Joe Ryan (Bloomberg) The Panama Canal, which has been strained by drought for months, will increase the number of ships it accepts each day starting in

December 16, 2023
Total Views: 7319

Wednesday, December 13, 2023
FILE PHOTO: A tanker ship passing through the Miraflores docks at the Panama Canal, in Panama City, December 30, 2009. REUTERS/Alberto Lowe/File Photo
Shipping

Fuel Tankers Face Long Slog as Panama Canal Drought Reroutes Trade

HOUSTON, Dec 13 (Reuters) – Oil tanker Cururo is taking the long way from Houston to Chile: sailing the length of South America’s Atlantic coast,

December 13, 2023
Total Views: 2458

Thursday, December 7, 2023
Port Houston container terminal aerial
Ports

Panama Canal Restrictions Hit US East and Gulf Coast Port Volumes

U.S. container imports experienced a 9% decrease in November 2023 compared to October 2023, according to the latest U.S. imports report from Descartes Systems

December 7, 2023
Total Views: 5146

Tuesday, December 5, 2023
A tanker transits the Panama Canal Locks
Shipping

Panama Chaos Grows as US Diesel Shipper Takes the Long Route

(Bloomberg) — The worsening bottlenecks at the drought-stricken Panama Canal are pushing at least one US diesel shipper to sail around the tip of South

December 5, 2023
Total Views: 36176

Monday, December 4, 2023
Drought hit Panama Canal further restricts maximum ship depth
Shipping

Panama Canal Bottleneck Prompts Detours that Could Boost Inflation

(Bloomberg) — The Panama Canal, the century-old engineering marvel that revolutionized global trade, is being squeezed shut by drought and forcing

December 4, 2023
Total Views: 2752

Wednesday, November 29, 2023
A red LNG carrier in the Suez Canal. Photo: Shutterstock/Alvaro Ardisana
Shipping

Panama Canal Congestion Could Hit Suez

By Anna Shiryaevskaya (Bloomberg) — Unprecedented congestion at the Panama Canal could ultimately result in delays at Egypt’s Suez Canal, potentially

November 29, 2023
Total Views: 2700

A tanker transits the Panama Canal Locks
Shipping

Panama Canal Drought is Making it More Expensive to Ship Fuel Across the Atlantic

By Jack Wittels (Bloomberg) — The cost of shipping fuels such as diesel across the Atlantic has soared to an almost 16-month high amid ongoing

November 29, 2023
Total Views: 3039

Monday, November 27, 2023
A tanker transits the Panama Canal Locks
Shipping

Panama Canal Adds Extra Slots to Highest Bidders

By Alex Longley (Bloomberg) — The Panama Canal Authority said it will add extra slots allowing ships to pay big premiums to transit the waterway, which

November 27, 2023
Total Views: 3077

Friday, November 24, 2023
Stock image of an MSC containership
Shipping

MSC Slaps Surcharge on Boxes Through Restricted Panama Canal

By Alexander Whiteman (The Loadstar) – MSC has slapped a bumper $297 per teu surcharge on shipments transiting the Panama Canal in response to the

November 24, 2023
Total Views: 3133

An LNG carrier transits through the Panama Canal. Photo credit: Flystock/Shutterstock
Shipping

Panama Canal Congestion Could Help Steer US LNG Cargoes to Europe

By Anna Shiryaevskaya (Bloomberg) — The congestion at Panama Canal could be to Europe’s benefit as US liquefied natural gas supplies will largely

November 24, 2023
Total Views: 3439

Tuesday, November 21, 2023
panama canal tonnage record
Shipping

More Surcharges Loom as Panama Canal Restrictions Tighten

By Gavin van Marle (The Loadstar) – French carrier CMA CGM is set to become the first major carrier to apply a new surcharge on shipments transiting the

November 21, 2023
Total Views: 6638

Friday, November 17, 2023
Panama Canal Expansion milestone
Shipping

Asian LNG Buyers Pay Panama Canal Premium for 2024

By Stephen Stapczynski (Bloomberg) — The gap between liquefied natural gas prices in Asia and Europe is increasing as tighter restrictions at the

November 17, 2023
Total Views: 3810

Saturday, November 11, 2023
An LNG carrier transits through the Panama Canal. Photo credit: Flystock/Shutterstock
Shipping

Soaring Fees At Panama Canal Have LNG Shippers Taking Long Route

By Ruth Liao (Bloomberg) –Liquefied natural gas shippers increasingly are opting to travel up to two weeks longer and almost 6,000 nautical miles

November 11, 2023
Total Views: 14342

Wednesday, November 8, 2023
A tanker transits the Panama Canal Locks
Shipping

LPG Tanker Pays Record $4 Million for Panama Canal Slot

By Ruth Liao and Anna Shiryaevskaya (Bloomberg) — A shipper has paid nearly $4 million to jump to the front of the line at the congested Panama Canal

November 8, 2023
Total Views: 9690

Monday, November 6, 2023
Crude Oil Tanker MT Aegean Unity Transiting New Panama Canal Locks
Shipping

Panama Canal Drought Risks Driving Away Large Oil Tankers

(Bloomberg) — Dry weather is set to force large oil tankers to completely stop using the Panama Canal, requiring the vessels to extend their voyages by

November 6, 2023
Total Views: 5404

Friday, November 3, 2023
An LNG carrier transits through the Panama Canal. Photo credit: Flystock/Shutterstock
Shipping

Panama Canal Traffic Is Being Throttled by Climate Change

(Bloomberg) — The Panama Canal doesn’t have enough water. A lack of rainfall, blamed on climate change, is leading to a steady decline in water levels

November 3, 2023
Total Views: 2040

Tuesday, October 31, 2023
An LNG carrier transits through the Panama Canal. Photo credit: Flystock/Shutterstock
Shipping

Panama Canal to Slash Daily Transits Further Due to Drought

PANAMA CITY, Oct 31 (Reuters) – The Panama Canal, one of the world’s main maritime trade routes, will further reduce daily ship crossings in the

October 31, 2023
Total Views: 4332

Tuesday, September 12, 2023
Monrovia NSU CHALLENGER bulk carrier transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama April 19, 2023. REUTERS/Aris Martinez/File Photo
Shipping

Drought-Hit Panama Canal Could Further Reduce Daily Transits

By Marianna Parraga and Elida Moreno PANAMA CITY, Sept 12 (Reuters) – The Panama Canal could further reduce the maximum number of authorized daily

September 12, 2023
Total Views: 1834

Friday, September 1, 2023
FILE PHOTO: The Liberian MSC UNITED VIII container ship transits in the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama March 10, 2023. REUTERS/Aris Martinez/File Photo
Shipping

Panama Canal Wait Times Surged in August

Sept 1 (Reuters) – The average wait time for non-booked vessels at the Panama Canal jumped by between 44% and 59% last month as a prolonged drought

September 1, 2023
Total Views: 2538
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