Panama Canal restrictions are rerouting LPG shipping flows

photo of an LPG ship transiting Panama Canal

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-1’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-1’); });

Panama Canal restrictions are already forcing ships to take multi-week detours via the Suez Canal...

https://www.freightwaves.com/news/panama-canal-restrictions-are-rerouting-lpg-shipping-flows

CN benefits from British Columbia’s growing propane exports

A photograph of a train on a bridge that's crossing a lake.

Three vessels carrying Canadian propane destined for international markets departed from AltaGas’ Ridley Island Propane Export Terminal on Thursday, beating a previous record by 50%, according to CN (NYSE: CNI). CN exclusively serves the facilities at the Port of Prince Rupert, which is where the AltaGas Ridley Terminal is located. 

The terminal has moved over 1 million metric tonnes of propane since it launched in May 2019. The increase in propane export volumes comes amid ongoing capacity...

https://s29755.pcdn.co/news/cn-benefits-from-british-columbias-growing-propane-exports

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon