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Panama Canal Adjusts January Slots Higher on Rainfall

LNG

The Panama Canal Authority announced last Friday it will allow 24 ships to transit the waterway starting in January, up from 22 currently, it said in a statement, while slots for LNG tankers have been reintroduced for January, supporting LNG cargo traffic through the waterway next month.

  • The Panama Canal will allow 7 neopanamax and 17 panamax ships to transit per day, starting in January, after better-than-expected precipitation.
  • US LNG cargoes looking to head to Asia will continue to have access to a daily auction slot in January to cross the waterway, after the opening was previously removed from January due to low water levels, which would have risked LNG tanker transit to drop to zero.
  • The daily auction slot for Neopanamax locks, originally scheduled to end on 1 January, will continue until further notice. This opening can be reserved seven to two days prior to transit. Almost all LNG carriers can transit only through Neopanamax locks according to ACP’s latest advisory.
  • Besides the auction slot, one more slot for such locks will be added from 16 January, and can be booked 30 to 15 days in advance. However, priority for this opening will go to full container vessels instead of LNG carriers.


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The Panama Canal Authority announced last Friday it will allow 24 ships to transit the waterway starting in January, up from 22 currently, it said in a statement, while slots for LNG tankers have been reintroduced for January, supporting LNG cargo traffic through the waterway next month.

  • The Panama Canal will allow 7 neopanamax and 17 panamax ships to transit per day, starting in January, after better-than-expected precipitation.
  • US LNG cargoes looking to head to Asia will continue to have access to a daily auction slot in January to cross the waterway, after the opening was previously removed from January due to low water levels, which would have risked LNG tanker transit to drop to zero.
  • The daily auction slot for Neopanamax locks, originally scheduled to end on 1 January, will continue until further notice. This opening can be reserved seven to two days prior to transit. Almost all LNG carriers can transit only through Neopanamax locks according to ACP’s latest advisory.
  • Besides the auction slot, one more slot for such locks will be added from 16 January, and can be booked 30 to 15 days in advance. However, priority for this opening will go to full container vessels instead of LNG carriers.