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Maersk resumes Panama Canal transit service as rainy season approaches
AP Moller-Maersk will resume Panama Canal transits on an east-west service that was suspended because of low water levels. Panama Canal increases transits again as Red Sea still in crisis.
Dr.G.R.Balakrishnan Apr 10 2024 Shipping News

Maersk resumes Panama Canal transit service as rainy season approaches

It will reinstate the OC1 Service between the US East Coast and Australia and New Zealand on 10 May after the Panama Canal Authority (ACP) added daily transit slots.

Maersk was forced to suspend use of the canal for the service in January due to low water levels and reduced transits. It instead split the service into an Atlantic and Pacific loop combined with a land-bridge Panama Rail connection.

This set-up will be dropped and the service will revert to its single former rotation, operating with 11 ships of between 3,100 TEUs and 3,800 TEUs, according to Alphaliner.

Three additional slots were added for auction in March, lifting the number of daily crossings from 24 to 27. Transits are still well below the level before a drought at Lake Gatun forced the administration to restrict ship traffic in November.

Transit restrictions have not been as severe as originally planned, with liner solutions mitigating some of the impacts, such as using the land bridge utilising the rail connection across Panama.

Every cloud has a silver lightning.