News
The Panama Canal will increase the number of daily transits to 24 in January, seven neo-Panamaxes and 17 Panamaxes. Currently, 22 vessels transit daily, divided into six neo-Panamaxes and 16 Panamaxes.
October 2023 marked the driest October on record for the Canal Watershed. In anticipation of a potential worsening of the situation in November and December, the Panama Canal Authority (ACP) decided to adjust the number of daily transits to 22 in December, including five neo-Panamaxes; 20 in January, including five neo-Panamaxes; and 18 in February, including five neo-Panamaxes.
However, as rainfall and lake levels for November proved to be less adverse than expected, coupled with the positive outcomes from the Canal’s water-saving measures, the new adjustments will replace the Advisory to Shipping of Oct. 30
Additionally, the Panama Canal will allow one booking slot per customer per date, with some exceptions for quotas offered to vessels competing through the reservation system. These measures allow the majority of vessels that want to transit the Canal to have a better chance of obtaining a reservation.
