Effective September 3, 2026, the number of daily
slots available at the Neopanamax Locks will be adjusted to nine (9), and the
daily slots available at the Panamax Locks will be twenty-five (25).
Meanwhile, the number of daily slots accessible at the Panamax Locks will be
twenty-three (23), as of September 15, 2026.
Despite the arrival of the rainy season in Panama, and the water-saving
measures implemented by the Panama Canal to mitigate the adverse effects of the
El Niño event, current watershed conditions, including below-expected
precipitation in the Canal watershed, require additional action to support the
long-term sustainability of transit operations. Additionally, to promote a more
equitable allocation process that better reflects market composition, including
various cargo types and market segment characteristics, the Panama Canal will
temporarily adjust the offer of its daily auction slots.
Beginning on September
3, 2026, the daily auction slot designated for Neopanamax, Supers and Regular
vessels will be organized into four (4) groups:
Group 1: LNG, LPG
Group 2: Dry Bulk Carriers, General Cargo, Others
Group 3: Container vessels, Vehicle Carriers / RoRo,
Refrigerated
Group 4: Chemical Tankers, Crude / Product Tankers
To promote a balanced allocation of booking slots
across all users while maximizing water-use efficiency, customers that have
already secured a booking slot for the same transit date through LoTSA,
NetZero, or prior allocations will not be eligible to obtain an additional slot
unless no other competitors exist.
Customer limits do not apply to slots awarded through the auction
process. Furthermore, in the Neopanamax Locks, full container vessels with the
highest TEU capacity will be given priority during the allocation process, with
Customer Ranking used as the tiebreaker criterion. Additional details regarding
these modifications are available at the following link. Notably, customers should be
aware that a reduction in the number of daily transits may increase waiting
times for vessels arriving at the waterway without a secured reservation.
To reduce the
possibility of extended delays, the Panama Canal strongly urges customers to
use the booking and reservation options available through the Transit
Reservation (Booking) System.
A confirmed reservation through this system is the
only mechanism that guarantees a transit date. To maintain safe and efficient canal
operations, the Panama Canal Authority may, under Notice
to Shipping N-07, temporarily suspend all, or part of the Transit
Reservation System, when necessary. In such cases, if a reserved transit slot
is canceled, the vessel will not be charged any penalty, surcharge, or
cancellation fee. Moreover, based on the current level of
water in Gatun Lake and the latest weather projections, the Panama Canal will
postpone until September 2, 2026, the maximum authorized draft of 14.63 meters
(48.0 feet) TFW in the Neopanamax Locks, scheduled to become effective on
August 26, 2026. And the maximum authorized draft adjustment of 14.48
meters (47.5 feet) TFW, scheduled to become effective on September 3, 2026,
will be postponed until October 1, 2026.
The Panama Canal will
continue to closely monitor weather conditions, watershed inflows, and lake
levels. Should additional operational adjustments become necessary, the canal
will provide customers with timely updates. Because weather
conditions are changing more rapidly than originally anticipated, the Panama
Canal will make every reasonable effort to announce any future adjustments as
far in advance as possible. However, the
timing of such announcements will depend on evolving conditions and the
availability of updated information.