Panama Canal Becomes Bottleneck for U.S. LNG/LPG Heading to Asia

The very first cargo of LNG to transit the expanded Panama Canal happened in July 2016 (see First LNG Carrier Transits the Expanded Panama Canal). Since that time hundreds of LNG cargoes have gone through the Canal. The Canal only allows two LNG carriers per day to transit through. It’s not enough. LNG carriers now have to wait 7-10 days to get through the Canal.