Panama Canal extends long-term slot system to panamax locks

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The Panama Canal will extend its long-term slot allocation program to the Panamax locks for the first time, aiming to provide customers with greater certainty through the dry season. The new phase will run from January 3 to April 3, 2027, alongside the existing Neopanamax system.

The Panama Canal is extending its long-term slot allocation programme to the Panamax locks for the first time as it looks to give more customers greater certainty through the coming dry season. The new Long-term Slot Allocation, or LoTSA, phase will cover January 3 to April 3, 2027, with the established neopanamax system running alongside …