Ship Agent in Panama Canal Transit coordination

Modifications to the Minimum Acceptable Bids during Auctions

PANAMA FLASH!Panama City – December 26th, 2023

Effective with the auctions to be held for all vessel categories (Neopanamax, supers, and regular vessels), beginning January 1, 2024, the minimum acceptable bid increment will be $1,000.00. In addition, all bid increments shall be in multiples of $1,000.00.

This measure is being implemented to expedite the auction slot award process.

For additional information, please reach out to our operators at

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)


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Panama Canal informs Modifications to the Auction Rules

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