Gas carriers see more rerouting through Suez after Panama drought

Restrictions in the Panama Canal and the rerouting that follows is not necessarily bad for the market, according to Avance Gas chief executive.

The troubles in the Panama Canal won't ease until way into 2024, according to carriers and a canal agent. | Photo: David Butler II and BW LPG

by IDHA TOFT VALEUR

The drought-stricken Panama Canal has long waiting times and high prices to jump the queue, resulting in carriers opting for other routes when possible.

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Gas carriers see more rerouting through Suez after Panama drought

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Panama Canal says traffic woes will last into next year

Bulk carriers will have to wait longer for China-driven boom

Norden expects dramatic increase in waiting time at the Panama Canal

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Front page now

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

Dubai challenges Singapore as shipping's favorite city

Opinion: Europe's key ports have become better connected after Covid

Cosco to build production chain for green methanol

Russia’s diesel ban threatens to roil global markets – if it lasts

TotalEnergies chief exec: Unreasonable to ban Russian LNG before 2025

John Fredriksen has increased his wealth by NOK 81bn this year

Hapag-Lloyd rolls out Starlink internet to entire fleet

European Energy gets new partner for methanol plant

CMA CGM and Maersk will need help in new green lobbying alliance

Habben Jansen calls on energy majors to do more for the green transition

Further reading

Dubai challenges Singapore as shipping's favorite city

Norden expects dramatic increase in waiting time at the Panama Canal

Panama Canal says traffic woes will last into next year

Panama Canal congestion is dominated by tankers and bulkers

V.Group on seafarer wellness: "Gotta put our money where our mouth is"

Tanker carriers heading for new record: "Strongest market we've seen in a long time"

Jobs