You are currently on GAC Worldwide website.
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
Leverage on our experience and expertise with integrated shipping, logistics and marine services tailored to meet your needs.
31 Oct 2023 / Panama Canal, Panama
Since the beginning of the 2023 dry season, the Panama Canal adopted several water saving and conservation measures in the transit operation, including the use of water saving basins in the Neopanamax Locks and cross-filling in the Panamax Locks.
In addition, the late arrival of this year’s rainy season, and lack of precipitation in the Canal watershed has obliged the Canal to reduce the transit capacity to approximately 32 vessels per day since July 30, 2023, while managing the available rainfall over the watershed to maintain Gatun Lake at a level that would offer a competitive draft for our clients. On September 29, 2023, the Canal announced an additional reduction in capacity, effective November 1, 2023.
Despite all measures taken, the level of Gatun Lake has continued to decline to unprecedented levels for this time of year. The recorded precipitation for October has been the lowest on record since 1950 (41% below), and so far, 2023 ranks as the second driest year for the same period. Based on the rainfall projections for the following weeks, which as of today is expected to be 38% less for the rest of the year, the ACP finds it necessary to further reduce the daily transit capacity to postpone the need for additional draft reductions below the current 13.41m (44 feet) TFW.
Therefore, from November 3, 2023, to November 6, 2023, the number of booking slots will be reduced to 25, and from November 7 to November 30, 2023, the number of booking slots will be reduced to 24.
In addition, from December 1 to December 31, 2023, the number of booking slots will further be reduced to 22, and from January 1, 2024, to January 31, 2024, the number of booking slots will be reduced to 20.
For booking dates beginning February 1, 2024, and until further notice, the number of booking slots will be reduced to 18 per day…
…The number of slots is based on the present and projected level of Gatun Lake for the following weeks. Further adjustments in the daily number of transits will be announced depending on the rainfall in the Canal watershed and level of Gatun Lake.
As indicated in previous advisories, the ACP strongly encourages vessels to make use of the Transit Reservation system in order to guarantee a transit date and to reduce the possibility of extensive delays.
(For further details and updates, as well as information about operations in Panama, contact GAC Panama at [email protected])
Source: Extract from Panama Canal Authority Advisory To Shipping No. A-48-2023 dated 30 October 2023