# Panama Canal delays - MasOceans Shipping Services

> The Panama Canal reported southbound delays reaching twelve days for LNG, Neopanamax and non-booked Panamax Super vessels, affecting 116 vessels as of July 26, 2021. The notice also lists draft restrictions for Panamax and Neopanamax vessels tied to Gatun Lake water levels.

- Date: 2021-07-27 · published 2021-07-27T12:00:00.000Z
- Category: logistics · region Panama · magnitude medium
- Page: https://feedsoft.ai/events/45952-panama-canal-delays-masoceans-shipping-services
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Canal backlogs and draft limits raise freight costs and transit times for grain and oilseed cargoes moving through Panama, adding to the cost of delivered feed ingredients in Latin America and Asia.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- masoceans.com: https://masoceans.com/panama-canal-delays/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.