GREEN4SEA Conference & Awards

7 Mar 2018
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GREEN4SEA Conference & Awards

7 Mar 2018
Learn More

Expanded Panama Canal sees new market segment in LNG

canal

The Panama Canal Authority issued a video informing about LNG vessels transit since the canal expansion, noting that LNG consists a new market segment for the area. On July 25, 2016, the Panama Canal welcomed the first ever transit of an LNG vessel.

More than 100 LNG vessels have transited the new locks, which represents 8 percent of total transits through the Expanded Canal. 5.3 LNG vessels transit on average per week through the Expanded Canal.

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raahe lng terminal

Installation of LNG tanks at Finland’s Raahe LNG terminal

The video shows transport of two LNG storage tanks to an LNG satellite terminal to Raahe, in northern Finland at the end of November 2017. The local utility, Raahen Voima, will utilise the LNG to replace the use of LPG for generating power and heat to its’ major consumer, a local SSAB steel mill.

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