Greg Miller
Wednesday, August 30, 2023
Panama Canal restrictions are rerouting LPG shipping flows
Persistent congestion and higher delays at the Panama Canal could lead to lasting changes in global LPG shipping flows.
Persistent congestion and higher delays at the Panama Canal could lead to lasting changes in global LPG shipping flows.
Large liquefied petroleum gas tankers are riding high on rising U.S. exports and higher Chinese import demand.
British Columbia seeks to ramp up its export capacity of propane at Canadian west coast ports, and CN is the only Class I railway serving the Port of Prince Rupert.
Propane proponents have longed for larger market share, and the new push for even lower-emission engines may be opening that door.
While propane doesn’t pack quite the punch diesel does, it does produce enough power to handle many of the tasks at a fraction of the overall cost, advocates say, so why is not a more popular fuel for commercial operations?