The implementation of new freshwater conservation surcharge at the Panama Canal on February 15 has doubled typical wait times for clean tankers at the Canal in recent weeks, and higher transit prices have started to incorporate into and increase long-haul freight for Medium-Range tankers loading on the US Gulf Coast and steaming through the Canal. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Clean tanker owners in the Americas have said that increased costs for transit through the Panama Canal and massive delays for pre-booked and non-pre-book tankers require that lump sum spot rates for routes loading on the USGC and discharging in West Coast South America and in […]