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International Tankers and Gas Ports and Logistics

Panama Canal congestion adds to LNG tonnage crunch

Tankers were held up when transiting the canal in October. This overlaps with a demand surge for the commodity and shipping tonnage amid peak gas heating season in the northern hemisphere

  • Analysis

Shipping rates may well advance but not for long as overcapacity will weigh down the market when newbuildings enter soon. In addition, the long-haul gas shipping arbitrage window may not stay open for much longer as global gas price spreads narrow

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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