Happy Wednesday!
You know we love a follow-up and
update. We blogged several times last
year on the Panama Canal. Well, the Panama Canal Authority is
moving forward with their purposed LPG pipeline, and the drama of the two ports
has more to add to its drama.
Did anyone
happen to read gCaptain Shipping Newsletter on February 2, 2026, they have
an article titled, “Panama Canal Opens Bidding on Massive Pipeline and Port Projects
as Court Ruling Upends Geopolitical Balance”?
The article speaks in regard to the Panama Canal Authority has
announced they are accepting qualifications or RFQs for two big capital projects. Last fall the Panama Canal Authority gauged
if there is interest for an LPG pipeline which would connect the coasts and
what they found was definitely. They opened
an official prequalification process last week.
The future pipeline is expected to be 76-kilometers long and will transport
around 2.5 million barrels per day of propane, butane, and ethane between the
two coasts. The other projects are new container
terminals on the Atlantic and Pacific coasts to help modernize to compete with
other ports in the region. The projects
will pick their prospective vendors by the end of the year. The two
projects are both part of the Panama Canal Authority’s Strategic Vision
for the next decade. The announcement
was shadowed by Panama’s Supreme Court ruling on CK Hutchison’s port businesses
in Panama which will surely complicate the sale to the Blackrock group. We wish
the Panama Canal Authority luck with finding the right companies to
construct the new terminals and pipeline.
If you would like to read more of gCaptain’s article, please
click the link: Panama Canal Opens Bidding on Massive Pipeline and Port Projects as Court RulingUpends Geopolitical Balance.
If you would
like help in looking into how to update your midstream terminal, contact us via
email in the Blog and check out ESC's website for contact
information!
We hope you have a wonderful evening, and a great rest of
your week!
**Disclaimer: You may be charged a fee to read the gCaptain’s
article. **