Post Tagged with: "Panama canal"

Panama Canal Will Not Block Venezuela Vessels Despite U.S. Sanctions

Panama Canal Will Not Block Venezuela Vessels Despite U.S. Sanctions

From Reuters


The Panama Canal will continue authorizing vessels coming from Venezuela provided they present the necessary paperwork, the waterway’s chief said on Wednesday, suggesting a new round of U.S. sanctions on the South American nation should not make a …

Panama Canal Handles Largest LNG Tanker to Ever Transit the Canal

Panama Canal Handles Largest LNG Tanker to Ever Transit the Canal

Q-Flex class LNG carriers fit the expanded Panama Canal

From AJOT

Expanded Panama Canal commemorates a milestone transit by a Q-Flex vessel, the world’s second largest LNG tanker class

The Panama Canal yesterday welcomed Qatargas’ Al Safliya, the first Q-Flex …

May 13, 2019 - 3:09 pm Closing Bell Story‎, Energy News, LNG
Another First: Four LNG Vessels in One Day Transit the Panama Canal

Another First: Four LNG Vessels in One Day Transit the Panama Canal

Canal surpasses LNG’s three-vessel record set in April

From Seatrade Maritime News

The Panama Canal reached a new milestone Monday after the successful transit of four liquefied natural gas (LNG) ships with a beam of up to 160 feet (49 …

October 3, 2018 - 1:04 pm Closing Bell Story‎, Energy News, LNG
How a Double-Capacity Panama Canal Drives a Volatile East Coast v. West Coast Spread

How a Double-Capacity Panama Canal Drives a Volatile East Coast v. West Coast Spread

From FreightWaves

The expanded Panama Canal, which can now accommodate larger ships in greater numbers, has altered trade flows on the North American continent.

The expansion, completed on June 26, 2016, doubled the capacity of the Panama Canal. East Coast …

August 27, 2018 - 2:04 pm Closing Bell Story‎, Energy News, Transportation
Expanded Panama Canal is Altering Global Trade Flows

Expanded Panama Canal is Altering Global Trade Flows

From LNG World Shipping

Eastbound containers vs. westbound LNG:  both set record volumes in May

Growing container traffic to the East Coast of the United States and a new liquefied natural gas export business to Asia are driving record volumes …

June 21, 2018 - 7:00 pm Closing Bell Story‎, LNG
Panama Canal Increases Daily Neopanamax Reservations to Eight

Panama Canal Increases Daily Neopanamax Reservations to Eight

From Maritime Executive

The Panama Canal has added an additional reservation slot to its Neopanamax locks, bringing the total available booking slots to eight daily.

Demand has grown since the inauguration of the Expanded Canal nearly two years ago. So …

First Tanker of Cove Point Gas Transits Panama Canal en route to Japan

First Tanker of Cove Point Gas Transits Panama Canal en route to Japan

From Seatrade Maritime News

Underscoring changing trade patterns the first-ever liquefied natural gas (LNG) shipment from the Dominion Cove Point terminal in the US to Japan has transited the Panama Canal.

The transit of the LNG Sakura, which occurred last …

May 1, 2018 - 2:54 pm Closing Bell Story‎, Energy News, LNG
Panama Canal Increases Maximum Beam Allowed

Panama Canal Increases Maximum Beam Allowed

From gCaptain

The Panama Canal Authority has announced it will increase the maximum allowable beam for vessels in the new Neopanamax locks by more than two meters, which will inevitably result in even-bigger ships using the waterway.

The ACP said …

May 1, 2018 - 9:39 am Closing Bell Story‎, Energy News, Transportation
Panama Canal to Carry Five Times More LNG by 2020

Panama Canal to Carry Five Times More LNG by 2020

From Reuters

Looking at adding more locks

TOKYO (Reuters) – The Panama Canal may carry five times as much liquefied natural gas (LNG) in 2020 as it did last year as production of the fuel expands in the United States …

April 20, 2018 - 3:48 pm Closing Bell Story‎, LNG, Transportation
Panama Canal LNG Tanker Traffic to Jump 50%: Canal Official

Panama Canal LNG Tanker Traffic to Jump 50%: Canal Official

From Reuters

PANAMA CITY, Feb 7 (Reuters) – The number of liquefied natural gas (LNG) tankers traversing the Panama Canal is expected to jump 50 percent by September due to rising exports of the fuel from the United States, the …

February 7, 2018 - 8:54 am Closing Bell Story‎, Energy News, LNG
Gulf of Mexico LNG Shippers Have a $45,000-a-Day Problem

Gulf of Mexico LNG Shippers Have a $45,000-a-Day Problem

Dealing with costly delays in getting tankers through the Panama Canal may slow down U.S. LNG shipments, according to Octavio Simoes, president of LNG export terminal developer Sempra LNG & Midstream. Bloomberg reported that Simoes calculated that every day a …

October 3, 2017 - 6:50 pm Arctic, Closing Bell Story‎, LNG, Oil and Gas 360 Articles
U.S. LNG Arrives in China from Sabine Pass

U.S. LNG Arrives in China from Sabine Pass

The fist LNG shipment to China from the lower 48 states arrived last week, marking the official entry of the U.S. into the Asian LNG market. The shipment was chartered by Royal Dutch Shell (ticker: RDS) and originated form Cheniere …

Panama Canal Gets Bigger, But is it Big Enough for Oil?

Panama Canal Gets Bigger, But is it Big Enough for Oil?

Nine-Year, $5 Billion Expansion Project Complete

The Panama Canal was opened in 1914, and for a century, shippers have realized a more efficient route to Asia. But during more than a century of use, ships have increased in size and …

June 29, 2016 - 5:53 pm Closing Bell Story‎, Oil and Gas 360 Articles