Loading...
A shipper has paid a record $4 million to expedite passage through the congested Panama Canal. This dynamic pricing model is likely to become more common for LNG carriers due to cargo concerns. Additionally, Thailand is proposing a multibillion-dollar project to reduce shipping times between the Indian and Pacific oceans by bypassing the Malacca Strait. The Panama Canal's decreasing water levels are posing a threat to oil and gas markets.
The Panama Canal is running dry, and that's posing a threat to oil and gas markets alike, writes @alexlongley1 https://t.co/yxXIIDCPDo
The Panama Canal is running dry, and that's posing a threat to oil and gas markets alike, writes @alexlongley1 https://t.co/WUR4DZ3mfT
Thailand is pitching a multibillion-dollar project that will significantly cut shipping times between the Indian and Pacific oceans by bypassing the Malacca Strait — one of the world’s busiest sea lanes https://t.co/qni11IQrhh
Keep an eye on whats going on at the Panama Canal. An LNG carrier just paid $4 million to jump the line. This will likely be more common for LNG carriers as their cargo will literally boil off sitting in the hot tropical sun, but it will be interesting to see if container ships… https://t.co/ja22M6q8V6
TIL that a co paid $4MM to jump the line to cross the Panama Canal. Props to Panama for the dynamic pricing model. https://t.co/QqYIu7JmAp
A shipper has paid a record $4 million to jump to the front of the line at the congested Panama Canal waterway https://t.co/X1OOaU7acK
A shipper has paid a record $4 million to jump to the front of the line at the congested Panama Canal waterway https://t.co/GpuvFf9z3b