Neopanamax Locks Bring LNG Access to Central America, the Caribbean and Beyond

During a recent customer trip to Asia, the Panama Canal Administrator made headlines when he shared expectations that the waterway would transit five times its current volumes of liquefied natural gas (LNG) by 2020. Less surprised were those who have followed the segment’s growth since the Canal Expansion first brought it to the waterway, and the steps the Canal continues to take to ensure shippers have more than enough capacity to meet their demand. But while many continue to closely follow the US-Asia LNG trade, the segment’s growing role in Central America and the Caribbean cannot be understated. The two regions have become increasingly interested in natural gas to meet their energy needs – thanks to its lower environmental impact and cost – and…

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