Tag: transits

The Panama Canal Administrator, Ricaurte Vásquez Morales, has presented the achievements the Canal reached in fiscal year 2024 (FY-2024). 

Based on the present and projected level of Gatun Lake for the upcoming weeks, the Panama Canal Authority (ACP) announced that effective immediately, the maximum authorized draft allowed for vessels transiting the Neopanamax Locks will be 15.24 m (50.0 feet) TFW.

The Panama Canal announced through an Advisory to Shipping, that effective immediately, the maximum authorized draft allowed for vessels transiting the Neopanamax Locks will be 49.0 feet (14.94 m), based on the present and projected level of Gatun Lake for the upcoming weeks.

Starting in September, the Panama Canal plans to increase the number of daily transit slots for vessels from 34 to 36, according to the canal's deputy administrator. This adjustment comes as rainfall permits authorities to relax the restrictions imposed due to the drought, Reuters highlights.

The Panama Canal is set to complete a billion-dollar construction project of a new water reservoir within six years, as announced by canal administrator Ricaurte Vasquez.

Based on the present and projected level of Gatun Lake, the Panama Canal Authority (ACP) announces an additional booking slot in the Neopanamax Locks during Booking Period 2 for booking dates beginning August 5, 2024.

According to news, the Panama Canal will permit more ships to pass through daily, attributed to indications of improving water levels amid the ongoing drought conditions.

Through Advisory to Shipping No. A-54-2023, the Panama Canal announced that it will increase the number of daily transits to 24 starting in January, for the benefit of its customers.

As the Panama Canal Authority (ACP) informs in a circular, it finds it necessary to implement additional measures to reduce the possibility of additional draft restrictions in the upcoming weeks.

According to CNBC, the Panama Canal Authority (PCA) is advising consumers that its latest conservation efforts to preserve water would entail reducing the number of daily transits, mostly in its Panamax locks, to 32 to 30 transits per day, down from 36 to 34 transits per day.