Panama Canal Continues to Restore Capacity After Drought

The Panama Canal Authority has announced plans to increase capacity and reduce restrictions on transits through the waterway. The Neopanamax Locks will add a daily slot for a total of nine transits by July 11, while the Panamax Locks will add a slot, bringing its daily transits to 25 by July 22. The maximum draft will also be increased by one foot to 46 feet as of June 15. These measures aim to address the concerns of larger containerships and LNG carriers and move closer to the goal of 36 to 39 daily transits by 2025. In May

Total daily transits will increase to 34 as of late July which continues progress toward the goal of 36 to 39 daily transits by 2025. At the peak of the water crisis, the Panama Canal Authority had lowered the transits to a total of 22. They had mapped a further step to 18 daily transits but were never required to implement those restrictions. 

Leave a Reply