New draught restrictions in the Panama Canal are posing a potential headache for tanker owners.
Fotios Katsoulas, a liquid bulk analyst at IHS Markit's Commodities At Sea, said the Panama Canal Authority (ACP) is imposing a maximum draught of 13.7 metres due to projected rain and water levels in the coming weeks.
"This is expected to have a huge impact on trade flows of aframax tankers, since a fully laden aframax that transits through the neopanamax locks would have a draught of 14.9
