Panama Canal to cap daily transits, anticipating severe El Niño

Panama Canal Congestion Forces Gas Tankers onto Costly Detours as ACP Eases Booking Rules

Increasing congestion at the Panama Canal has prompted gas tankers to adopt unconventional routes, including detours around South America. Recent vessel-tracking data indicates supertankers are engaging in ship-to-ship transfers off Balboa, ensuring timely delivery of liquefied petroleum gas (LPG) to clients in Asia while circumventing delays stemming from canal traffic.

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