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The Panama Canal Authority reported a record 521 million tons of cargo and a 4.1% rise in transits for fiscal year 2026, while reinstating its Last-Minute Reservation service for Panamax locks following improved watershed rainfall.
The Panama Canal Authority is extending its Long-Term Slot Allocation program to the Panamax locks for the first time, offering sealed-bid auctions for transit dates during the 2027 dry season.
The Panama Canal Authority is temporarily easing restrictions on its Neopanamax transit reservation system, allowing shippers to book multiple and consecutive slots as the waterway juggles strong vessel demand against a worsening water outlook.
