panama canal


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: 36303

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: 2849

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: 2795

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: 3155

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: 3211

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: 3534

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: 6721

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: 3879

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: 14431

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: 9852

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: 5537

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: 2129

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: 4443

Tuesday, October 24, 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

Crowley to Launch LNG Bunkering at Panama Canal

US-based maritime company Crowley has announced plans to launch liquefied natural gas (LNG) bunkering along the Pacific side of the Panama Canal. The bunkering

October 24, 2023
Total Views: 2647

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: 1910

Wednesday, September 6, 2023
lng carriers in Panama Canal
Shipping

Panama Canal Water Levels at Historic Lows, Restrictions to Remain

PANAMA CITY, Sept 5 (Reuters) – The Panama Canal‘s water levels have not recovered enough as the end of the rainy season approaches and

September 6, 2023
Total Views: 2602

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: 2605

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

Panama Canal Shipper Pays $2.4 Million to Skip the Line

By Alex Longley, Ruth Liao and Anna Shiryaevskaya (Bloomberg) — Shippers are having to pay record amounts if they want their carriers to beat a logjam

August 31, 2023
Total Views: 21974

Friday, August 25, 2023
lng carriers in Panama Canal
Shipping

Panama Canal to Extend Transit Restrictions for at Least 10 More Months

PANAMA CITY, Aug 24 (Reuters) – The Panama Canal expects to maintain restrictions on daily vessel transit and maximum draft for at least 10

August 25, 2023
Total Views: 2436

Monday, August 21, 2023
The Ever Max ready to transit the Panama Canal. Photo courtesy Panama Canal Authority
Shipping

Historic Drought, Hot Seas Slow Panama Canal Shipping

LOS ANGELES/HOUSTON, Aug 21 (Reuters) – Before the Ever Max ship carrying lava lamps, sofas, Halloween costumes and artificial Christmas trees could

August 21, 2023
Total Views: 3176