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The Panama Canal Authority has increased daily transit capacity to 34 vessels and restored the maximum draft at the Neopanamax locks to 50 feet after improved rainfall replenished Gatun Lake.
Washington has designated five Cuban-flagged tankers as blocked property and imposed blanket sectoral sanctions on Cuba’s maritime industry.
The Panama Canal Authority has restored its pre-July reallocation rules for cancelled Neopanamax transit slots and streamlined tonnage inspections for vessels entering its NetZero programme.
APM Terminals has signalled it wants to keep running Panama’s Port of Balboa beyond its current interim mandate, as Panama prepares a long-term tender following the termination of CK Hutchison’s concession.
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.
Panama has dropped to third place in global ship registry tonnage rankings after being overtaken by the Marshall Islands, extending a sharp contraction driven by sanctions clean-up and US-China geopolitical pressure.
A new temperature spike aboard the fire-damaged Ro-Ro vessel Min Jiang Kou has forced salvage crews off Panama to resume emergency cooling operations more than a month after the original engine-room blaze disabled the ship.
