VLGC rates jump 20% as Panama Canal waiting times hit 18 days

Analysts see increasing shipping inefficiencies driving a spike in gas carrier earnings

Two ships transit the Cocoli Locks on the Panama Canal. — Two ships transit the Cocoli Locks on the Panama Canal.Photo: Panama Canal Authority

Gary Dixon

London

Published 15 November 2021, 15:40Updated 15 November 2021, 16:18

VLGCs Panama Canal Clarksons Platou Securities Cleaves Securities Danish Ship Finance