# Panama Canal Clogged With Ships, and Pandemic Is Making It Worse -

> Ships are waiting 10 to 15 days to transit the Panama Canal without reservations, with the delays hitting LNG and LPG cargoes from the US Gulf Coast to Asia. The canal authority attributes the backlog to seasonal fog, higher arrivals and Covid-19 safety procedures, and says booked vessels are not affected.

- Date: 2020-11-03 · published 2020-11-03T12:00:00.000Z
- Category: logistics · region Panama · magnitude low
- Page: https://feedsoft.ai/events/50037-panama-canal-clogged-with-ships-and-pandemic-is-making-it-worse
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Longer transit times and higher spot charter rates for gas carriers could raise US LNG and LPG delivered costs into Asia and push cargo owners onto alternative routes, with limited direct effect on grain freight.

## Sources

- panamaadvisoryinternationalgroup.com: https://panamaadvisoryinternationalgroup.com/blog/panama-canal-clogged-ships-pandemic-making-worse/

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