Modification to the Transit Reservation (Booking) System for the Panamax Locks

The Panama Canal Authority announces Modification to the Transit Reservation (Booking) System

Panama City – The Panama Canal Authority (ACP) announces the following changes to the procedures regarding the slot’s allocation for Supers (vessels 91 ft. in beam or over) in the Panamax Locks, effective September 1, 2022, and until further notice:

1. Slots for Supers that were already awarded but become available within 96 hours from the booking date due to cancellations, changes in date, early transit of booked vessels, or other reasons, will be offered during the 3rd Booking Period through an extraordinary auction process. This auction will be offered after the closing of the 3rd Period competition. The base or initial amount of the auction will be $55,000.

2. One additional slot for Supers will be offered through auction, once all the normal booking slots have been allocated. This slot will be offered after the first auction has been awarded. The base or initial amount will be $55,000.

3. Before the closing of the 3rd Booking Period, if all slots in one direction have been allocated but there are still booking slots available in the opposite direction, one slot may be offered to interested vessels through a special auction process, even if the assignment of these slots exceeds the established limits by direction or restriction. The base or initial amount for this auction will be $55,000.

The required criteria or condition, such as transit direction and/or restrictions, will be announced when each auction is published. Therefore, every vessel bidding for an auctioned slot shall meet the published requirements.

The ACP will notify vessel agents with auction projection list and/or when an auction has been published, generally with one day advance.

The auctioned slots will become available to any interested vessel on a first-come, first-served basis once the auction is closed without bidders.

Norton Lilly International (Panama) S.A.

Bldg. 3825  – Office 204

Howard – Panama-Pacifico

Panama, Rep. of Panama

Tel: (507) 304-4600

Main email:  (24 hours)

Leave a Reply

Your email address will not be published. Required fields are marked *


Related Posts

Ship Agent in Panama
What condition will be in effect during the Scheduled Lane Outage at Pedro Miguel Locks?

During the scheduled maintenance from May 9th to May 16th, 2023, the West Lane of Pedro Miguel Locks will be temporarily closed. As a result, Condition 2 will be in effect, as per OP NOTICE TO SHIPPING No. N-7-2023. Applications for reserved transit slots during this period will be accepted starting from May 6th, 2023. Please note that the Just-In-Time (JIT) transit slots for supers will be limited to one per direction, while regular vessels will maintain their one per direction allocation. The daily auction slot for supers will be reduced to one, and the daily auction slot for regulars will be suspended. Neopanamax vessels will not be affected by these changes. Due to the reduced canal capacity, demand for transit slots will likely exceed availability. Please plan accordingly as no supers slots will be offered when the 3rd period opens.

Read More »
Ship Agent in Panama
Panama Canal finds necessary to update maximum draft in the Neopanamax Locks

Despite the ACP’s continuous efforts to minimize draft restrictions by implementing water-saving measures in the transit operation, the level of Gatun Lake has been falling faster than originally predicted. The precipitation in the Canal watershed for the first 11 days of April is approximately 70% below the historical average, and the water supplied by the rivers to the Canal’s watershed is 80% below average.

Read More »
Leading Panama Canal & Port Shipping Agent, Norton Lilly Panama is one click away to being your partner of choice.
We can help you make the right decisions regarding the planification of your operations.

Let's talk!

Book a 20 minutes call with our Panama Commercial Team and ask all your questions.

We are here to help!