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Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
16200 Central Green Blvd
GAC Regional Office, Asia Pacific 78 Shenton Way, #29-01
Group Vice President, Asia Pacific & Indian Subcontinent
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
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11 Dec 2017 / Panama Canal, Panama
The Panama Canal Administration is capitalizing on the larger Neopanamax Locks to increase slot availability and efficiency for customersand effective December 1, 2017increased the number of daily booking slots available for Neopanamax vessels from sixto seven.
With this measure, the Panama Canal is embracing the additional capacity allowed for by the larger locks. The seven daily booking slots for Neopanamax vessels are offered in addition to the 23 slots available each day for transit through the Panamax locks…
…The additional slot is now available for ships transiting northbound (from the Pacific Ocean to the Atlantic Ocean), and was first offered on September 26, 2017 through a special competition in the first booking period in adherence with Panama Canal regulations.
Container vessels will have preference over other vessel types when allocating these additional slots. If no container vessels are interested, the slot will be awarded to any vessel that participated in the special competition, based on the Panama Canal Customer Ranking. After the special competition, the slots will be available to all vessels on a first-come, first-served basis.
The Neopanamax Locks can transit additional ships beyond the number of daily slots allocated. For example on November 17th, the Expanded Canal transited a record 10 Neopanamax ships which provides a daily performance that far exceeds the three to four daily transits originally expected.
The Panama Canal will continue to explore ways to expand its capacity, working toward the goal of offering eight Neopanamax reservation slots by the end of the first quarter of 2018.
(For information about operations in the Panama Canal contact GAC-Wilford & McKay at [email protected])
Source: Extract from the Panama Canal Authority Monthly Canal Operations Summary – NOVEMBER 2017