For the second time in weeks, the Panama Canal Authority has delayed a planned draft reduction for the Neopanamax Locks, keeping the maximum draft at 14.63 meters (48 feet) rather than cutting it to 14.48 meters (47.5 feet) as of Oct. 1. The decision reflects stable Gatun Lake levels near 84 feet amid a forecasted Super El Niño drought. The authority is instead managing water levels by trimming daily transit slots at the older Panamax Locks, easing pressure on big containerships and gas carriers while wait times for non-booked vessels ease to 8.8 days.
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Original Article from The Maritime Executive | Written by Maritime Executive Staff
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Maritime Executive Article: Panama Canal Pushes Back Planned Draft Cut for Big Ships
