Vortexa said in a monthly report that due to increased congestion on the Panama Canal and rising auction fees, since August, nearly half of the oversized tankers carrying American LPG to Asia have chosen to detour the Cape of Good Hope and no longer take the canal. The ratio hit a ten-year high, with statistics as of August 18.

Vortexa said in a monthly report that due to increased congestion on the Panama Canal and rising auction fees, since August, nearly half of the oversized tankers carrying American LPG to Asia have chosen to detour the Cape of Good Hope and no longer take the canal. The ratio hit a ten-year high, with statistics as of August 18.