{"id":78086,"date":"2024-04-23T00:00:00","date_gmt":"2024-04-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/04\/23\/lng-shippers-unimpressed-by-boost-to-panama-canal-transit-slots\/"},"modified":"2024-04-23T00:00:00","modified_gmt":"2024-04-23T00:00:00","slug":"lng-shippers-unimpressed-by-boost-to-panama-canal-transit-slots","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/04\/23\/lng-shippers-unimpressed-by-boost-to-panama-canal-transit-slots\/","title":{"rendered":"LNG shippers unimpressed by boost to Panama Canal transit slots"},"content":{"rendered":"

<\/strong>LNG shippers <\/strong>are not tempted by extra slots at the Panama Canal,<\/strong> and remain set on transiting the Cape of Good Hope route to reach Asian markets, S&P Global<\/a> reported last week. LNG vessels will still face added restrictions despite the boosted slots, but shippers also don\u2019t see a need to transition away from Cape of Good Hope because the route is \u201ccheap enough,\u201d a European shipbroker told the outlet. Unlike traders, importers which keep LNG cargoes for domestic use, such as South Korea and Japan, may turn to the new slot, another Asia-based broker said. The Cape of Good Hope is particularly liked by US LNG exporters, with 18 shipments transiting so far in April, compared with just 3 in April of last year, the outlet also said. <\/p>\n

ICYMI-<\/strong> The Panama Canal Authority announced plans to increase daily slots to 32 ships per day between mid-April and June, last week<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

LNG shippers are not tempted by extra slots at the Panama Canal, and remain set on transiting the Cape of Good Hope route to reach Asian markets, S&P Global reported last week. LNG vessels will still face added restrictions despite the boosted slots, but shippers also don\u2019t see a need to transition away from Cape […]<\/p>\n","protected":false},"author":1,"featured_media":78087,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[149],"tags":[148,227,206],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-78086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-around-the-world","tag-around-the-world","tag-lng","tag-panama-canal","wpautop","entry"],"acf":{"mongo_id":"d9f7e6d7-2c1b-4499-ba84-1a12a9f627cb","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/4\/1590.jpg","photo_position":"above","homepage_title":"","full_issue_title":"LNG shippers unimpressed by boost to Panama Canal transit slots","related_issue":[78073],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.84d5a30c-b9d8-4e5c-a33d-3fb7d74a627f.mp3"},"yoast_head":"\nLNG shippers unimpressed by boost to Panama Canal transit slots - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/23\/lng-shippers-unimpressed-by-boost-to-panama-canal-transit-slots\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LNG shippers unimpressed by boost to Panama Canal transit slots\" \/>\n<meta property=\"og:description\" content=\"LNG shippers are not tempted by extra slots at the Panama Canal, and remain set on transiting the Cape of Good Hope route to reach Asian markets, S&P Global reported last week. 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