Panama Canal Authority to increase daily transits starting January 2024

Chamber of Shipping > Blog > News > International > Panama Canal Authority to increase daily transits starting January 2024

The Panama Canal has announced that it will increase the number of daily transits to 24 starting in January 2024, up from the current 22 vessels per day. This decision is in response to the challenges posed by low water levels in Gatun Lake, caused by drought induced by the El Niño phenomenon. October 2023 was the driest October on record for the Canal Watershed. While previous plans had called for a reduction in transits to as low as 18 per day in February, the positive outcomes of water-saving measures and better-than-expected November rainfall have led to this adjustment, which will allow most vessels to have a better chance of obtaining reservations. These measures will remain in effect until conditions warrant changes.

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