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Panama Canal, the Reboot

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  • #16
    Originally posted by The Doctor View Post
    The first shipment of US shale gas is on the way to Asia via the Canal...

    http://www.bloomberg.com/news/articl...for-first-time

    Yeah, but without the spread to justify it, the numbers will be retarded by economic reality.

    Also, I need to ask a friend of mine in the shipping industry about the depth of the canal, because I remember something a while back about the depth still being impassible for certain fully laden vessels despite the width adjustment.

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    • #17
      Originally posted by Daemon of Decay View Post
      Yeah, but without the spread to justify it, the numbers will be retarded by economic reality.

      Also, I need to ask a friend of mine in the shipping industry about the depth of the canal, because I remember something a while back about the depth still being impassible for certain fully laden vessels despite the width adjustment.
      The spread does suck... but, market expansion is a good thing.

      LNG tankers require width more than depth. LNG is generally less than half as dense as water.
      Watts Up With That? | The world's most viewed site on global warming and climate change.

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      • #18
        Originally posted by The Doctor View Post
        The spread does suck... but, market expansion is a good thing.

        LNG tankers require width more than depth. LNG is generally less than half as dense as water.
        True. What I think I read was something along the lines of the expansion making the canal wide enough for many dirty/clean product Suezmax vessels... but not deep enough.

        In other words, the expansion would enable a number Suezmax ships to use the Panama Canal, but only when partially-filled. Will look into that, because it was weeks ago.

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