New Economy Forum
Panama Canal Vessel Queue Reflects Shipping Bottlenecks
- Number of ships waiting exceeds average so far this year
- LNG tankers awaiting crossing slot is double the 2022 average
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The global shipping bottlenecks rattling industries and consumers in the pandemic era were plain to see for the politicians, economists and investors gathering for a Latin American economic forum in Panama on Wednesday.
There were 101 vessels waiting their turn to make the 40-mile journey across the Panama Canal Wednesday, six more than the average so far this year, according to data compiled by Bloomberg.