Strong Asia prices lift shipments from US Congestion spurs increase in eastward voyages LNG tanker transits through the Panama Canal recorded a 12% increase from October through June compared with the same period a year earlier, the Canal operator data shows. Receive daily email alerts, subscriber notes & personalize your experience. Register Now That stretch includes a traditionally slow demand period during the spring, although for the recent case a red-hot market in part because of strong pricing in Asia spurred shipments, particularly from the US Gulf Coast. The dynamics have put US exporters in a good position this summer, while at the same time causing further congestion at the Panama Canal, the shortest passageway for LNG vessels between the US Gulf Coast and East Asia. From Oct. 1, 2020, through June 30 — part of the 2021 fiscal year that ends in September — LNG transits through […]