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Go Back   Armchair General and HistoryNet >> The Best Forums in History > Current Events > Latin America & the Caribbean

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Latin America & the Caribbean Including issues of Central and South America and Mexico.

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  #16  
Old 05 Aug 16, 16:41
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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  
Old 05 Aug 16, 18:54
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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.
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  #18  
Old 05 Aug 16, 23:11
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Quote:
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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