: LA Port Chief The global shipping bottlenecks rattling industries and consumers in the pandemic era were plain to see for the politicians, economists and investors gathering for a Latin Continue Reading
The suspended draft allows fully-laden Suezmax transits 50-foot maximum permits Neopanamax container ship transits Southbound transit waiting times for Supers at eight days The 49.5-foot draft restriction for the Neopanamax Continue Reading
Changes to be phased in starting in 2023, after comments Operator wants fees to reflect shifting market conditions A new fee structure proposed by the Panama Canal Authority April 1 Continue Reading
Postponed draft decrease extends fully-laden Suezmax transits 49-foot draft restriction limits Suezmax tankers, Neopanamax container ship transits Waiting times for transit decrease to six days southbound The first draft reduction Continue Reading
Highlights Decrease marks first draft adjustment in six months Fully-laden Suezmaxes no longer able to transit Waiting times for transit increase, pressuring freight The maximum allowable draft at the Neopanamax Continue Reading
Increased transit volumes at the Panama Canal pushed wait times higher for clean petroleum product and unreserved LNG tankers during the week ended Jan. 28, as more cargoes headed to Continue Reading
Highlights Interbasin spreads helped shift trade flows January sees Asia buying appetite pick up LNG transits via the Panama Canal plunged 30% in December as Pacific-bound cargoes diverted to the Continue Reading
Scheduled maintenance at the Panama Canal’s Miraflores Locks Aug. 29-Sept. 10 could severely impact canal capacity and extend transit delays for “days, if not weeks after completion,” shipping sources have Continue Reading
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 Continue Reading
Highlights Strong prices, demand pull more Atlantic cargoes to Asia More eastward voyages around Cape of Good Hope also seen The Panama Canal Authority is monitoring for high arrivals of Continue Reading
