# Between 10 and 15 Days to Cross the Panama Canal Without a Reservation » Puente de Mando

> Bloomberg reported that ships without reservations faced 10 to 15 day waits to cross the Panama Canal in late October. The canal has raised daily transits from 32 to 37, and spot rates for LNG carriers rose about 50% and for LPG carriers about 25% in October.

- Date: 2020-11-07 · published 2020-11-07T12:00:00.000Z
- Category: logistics · region Panama · magnitude low
- Page: https://feedsoft.ai/events/50039-between-10-and-15-days-to-cross-the-panama-canal-without-a-reservation-puente
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Congestion is tightening gas carrier capacity on the US Gulf to Asia route, which supports freight costs for energy shipments but has minimal direct impact on animal feed commodity prices.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-11-03 | [LNG tankers without reservations seeing longer waiting times at Panama Canal -](https://feedsoft.ai/events/50040-lng-tankers-without-reservations-seeing-longer-waiting-times-at-panama-canal.md) | -12.5% | -8.0% |
| NATGAS | 2020-10-30 | [Congestion Hits the Panama Canal and the Pandemic Isn't Helping](https://feedsoft.ai/events/50536-congestion-hits-the-panama-canal-and-the-pandemic-isn-t-helping.md) | -11.5% | -16.6% |
| NATGAS | 2026-06-24 | [Two Pressures, One Canal: Conservation Meets Geopolitics at Panama \| Engineering News-Record](https://feedsoft.ai/events/16849-two-pressures-one-canal-conservation-meets-geopolitics-at-panama-engineering.md) | +3.7% | -11.2% |
| NATGAS | 2020-10-30 | [Panama Canal Clogged With Ships, and Pandemic Is Making It Worse  \| Financial Post](https://feedsoft.ai/events/50539-panama-canal-clogged-with-ships-and-pandemic-is-making-it-worse-financial-post.md) | -11.5% | -16.6% |
| NATGAS | 2019-09-23 | [HSC Natural Gas Prices to Rise Amid Disconnect Between Surging Supply, Demand](https://feedsoft.ai/events/57256-hsc-natural-gas-prices-to-rise-amid-disconnect-between-surging-supply-demand.md) | -1.2% | -9.8% |

## Sources

- puentedemando.com: https://www.puentedemando.com/en/panama-canal-wait-times/

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