panama canal

[SuperBuickGuy]

Panama's ability to get this project done in time has been a big source of concern for a lot of people in the US LNG industry. There are over $40 billion worth of LNG export projects currently under construction on the Gulf Coast. All of them depend upon the new Panama locks to enable them ship LNG to Asia and pay their investors back.

that's a frightening thought - if one of those ships went off during transit; it would utterly destroy the canal.

[Aircooled]

that's a frightening thought - if one of those ships went off during transit; it would utterly destroy the canal.

Risk is relative. There are already gasoline tankers and cargo ships full of ammonium nitrate transiting the canal. Bulk ammonium nitrate is the source of thousands of (unintentional) deaths from explosions.