13 Aug 2018 / Panama Canal, Panama
The Panama Canal registered the transit of the 4,000th Neopanamax vessel through the Expanded Canal, underscoring the steady growth of the LNG segment, which began transiting the waterway for the first time following the inauguration of the Expanded Canal on June 26, 2016.
On July 29th, the liquefied natural gas (LNG) tanker Maria Energy completed the milestone transit traveling southbound from the Atlantic to the Pacific Ocean…
…The Maria Energy was followed by another LNG tanker, the Maran Gas Alexandria, which also transited the Neopanamax Locks in the southbound direction. Both vessels were loaded in LNG export facilities in the USA…
…The waterway regularly transits two LNG vessels in the same direction on the same day, and has demonstrated the ability to transit up to three LNG vessels the same day in the same direction during periods of uncharacteristically high demand.
The Panama Canal announced in June that beginning October 1, 2018, it will be lifting certain transit restrictions for LNG vessels. By also lifting meeting restrictions between LNG vessels in Gatun Lake, these vessels will be able to transit the Canal in opposite directions on the same day, offering more scheduling flexibility to this market segment.
Of the 4,000 Neopanamax vessels that have transited to date, roughly 52% have been from the container segment. Liquefied petroleum gas (LPG) vessels constitute another 27%, and LNG carriers, a relatively new segment to the Panama Canal, have been responsible for 10% of traffic. Dry and liquid bulk carriers, car carriers and cruise ships make up the remaining 11% of transits…
(For information about operations in the Panama Canal, contact GAC-Wilford & McKay at [email protected])
Source: Extract from Monthly Canal Operations Summary published 8 August 2018
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