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LNG: Transit of Lade LNG Tankers via Panama Canal Up in August: Platts

LNG

Transits of laden LNG vessels through the Panama Canal increased in August as water levels improved and some restrictions imposed due to the prolonged drought were gradually lifted, Platts said.

  • A total of five laden LNG carriers transited the Panama Canal in August, up from four in July.
  • Four of those tankers are headed to Asia, while the other is on route to Mexico’s Baja California.
  • The Panama Canal Authority recently lifted transit restrictions due to improving water levels at Gatum lake.
  • The Panama Canal Authority has also announced transit operation optimisation via a new long-term slot allocation sales scheme.
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