Return of Panama Canal extended wait times hits LNG market, freight economics

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 the Far East to serve a rise in demand. Waiting times for Super class tankers, including Medium Range product tankers, extended to 10 days for …

The post Return of Panama Canal extended wait times hits LNG market, freight economics first appeared on Hellenic Shipping News Worldwide.

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