4/19/2016

Panama Canal begins to take transit reservations for expanded canal

The Panama Canal began accepting transit reservations for neo-Panamax vessels for commercial transits through the expanded canal starting on 27 June 2016. The Panama Canal will offer four additional slots per day for neo-Panamax vessels, in addition to the existing 25 slots of the current Canal. Once the first period of competition closed, 25 neo-Panamax vessels had reserved transit through the new locks. This initial phase of transit reservations corresponds to transit dates between 27 June 2016 and 30 September 2016.