BOYD

STEAMSHIP CORPORATION

AGENTS AT THE PANAMA CANAL

FOUNDED IN 1909

 

Web: www.boydsteamship.com Email: operations@boydsteamship.com

 

PANAMA CANAL NEWS

 

October 15th, 2007

 

PANAMA CANAL TRANSIT RESERVATION (BOOKING) SYSTEM

Effective October 3 all booking slots that have been cancelled during periods 1 and 2 will be made available during the same periods of the cancellation i.e. in periods 1 & 2.

 

MONTHLY CANAL OPERATIONS SUMMARY – SEPTEMBER 2007

 

TENTATIVE SCHEDULE OF LOCKS MAINTENANCE WORK

 

PANAMA CANAL BREAKS SINGLE DAY TRANSIT AND ANNUAL TONNAGE RECORDS IN SEPTEMBER

Canal surpasses 300 million tonnage mark for the first time in history.  Record twenty-five Panamax vessels transit the waterway in one day.  Canal ties record for transit of “supers”

 

 

 

 

 

PANAMA CANAL TRANSIT RESERVATION (BOOKING) SYSTEM

Availability of Booking Slots Cancelled during the 1st and 2nd Periods

 

The ever increasing demand for booking slots has resulted in a surge of rejections to booking requests, even during the 1st booking period.  Currently, booked slots that are cancelled during the 1st or 2nd periods are carried over to the subsequent period, and cannot be made available again until the opening of the next period, regardless of the number of rejections that may have occurred during that period. This results in a reduction in the number of slots that are finally allocated for the period during which the cancellation took place.

 

Therefore, in order to reduce the number of booking rejections and provide greater flexibility, these cancelled slots will be made available during the same period of the cancellation, provided that the period is still open. These slots will be offered effective October 3, 2007, for all booking dates on or after October 7, 2007.

 

Slots that were cancelled prior to October 7, 2007, during the 1st or 2nd period will be offered, subject to compliance with the established limits by direction and/or restriction, in the following order:

 

• Vessels that failed to secure a slot during the tie-breaker competition for that period, in order of rejection.

 

• Vessels whose requests for booking slots were rejected prior to the publication of this advisory, in the order of rejection, provided that

these vessels did not have a booking slot secured for another date at the time the request was rejected. Vessels that already had a

reservation for one date and then submitted requests for another date and were rejected, must submit a new request in order to be

considered for the available slot.

 

• All other vessels on a first come-first served basis, following ACP notification of availability.

 

Vessels whose request for a booking slot was rejected and subsequently obtain a slot for an alternate date will not be assessed a

cancellation fee for the change in booking date.

 

Slots that are cancelled after October 7, 2007, will be offered, first to those vessels that were rejected during competition for that period,

followed by any subsequent rejections, and finally to any interested vessel on a first come-first served basis following ACP notification of

availability.

 

The procedure for allocation of cancelled slots during or after the 3rd booking period remains unchanged.

 

 

 

MONTHLY CANAL OPERATIONS SUMMARY – SEPTEMBER 2007

 

1. Panama Canal Statistical Summary

 

             

 

2. Traffic Statistics

 

             

 

3. The following page provides the scheduled locks maintenance work and other items of interest to the shipping community.

 

4. This advisory will be canceled for record purposes on October 31, 2007.

 

 

 

TENTATIVE SCHEDULE OF LOCKS MAINTENANCE WORK

 

             

 

Note: Actual transit capacity will depend on the type of restriction imposed during work.

Transit Capacity: The normal capacity of the Panama Canal is 38 transits per day. This capacity is reduced during locks outages, as indicated in the above table. Consequently, vessels may experience delays in transiting. Normally, during these periods, the Panama Canal Transit Reservation System slots are fully utilized. Whenever a set of locks requires a major outage of one of its two lanes for dry chamber inspection, miter gate repairs, tow track work or other major maintenance/improvement projects, advantage may be taken of this requirement to perform simultaneous single lane outages for additional maintenance at other locks.

 

 

 

PANAMA CANAL BREAKS SINGLE DAY TRANSIT AND ANNUAL TONNAGE RECORDS IN SEPTEMBER

 

In an important milestone that reflects the increasing global demand for its services, the Panama Canal Authority (ACP) announced that the Canal broke one annual record and set two new single-day records. For the first time in Canal history, the waterway reached the transit mark of 313 million Panama Canal tons; broke the record for the transit of Panamax ships – the widest vessels to cross the Canal; and, set another record in total Panama Canal/Universal Measurement System (PC/UMS) tonnage transit in a single day. Additionally, the Canal tied its record for the one day transit of “super” vessels, ships measuring 91 feet or more in beam.

 

“Everyday, we strive for excellence in our work and we are very proud of these accomplishments,” said ACP Vice President of Operations Manuel Benitez. “Surpassing our annual tonnage mark, setting a new Panamax transit record and tying our previously set transit record for ‘supers,’ reflect the dedication of the Canal employees and our continued commitment to providing an efficient, safe and reliable service to our customers. We’ve set the bar high and we look forward to even greater accomplishments in the future.”

 

The new transit record of 25 Panamax vessels set on Wednesday, September 19, breaks the previous mark of 24 set in July 2003. Contributing to the new record were 10 bulk carriers, six container ships, three vehicle carriers, three tankers, two roll on/roll off vessels and one container/breakbulk ship. On that same day, a record 1,113,682 PC/UMS tons transited the waterway; this breaks the record of 1,072,353 set on May 6, 2007. In September, fiscal year 2007, the one million PC/UMS tons mark was surpassed for the twelfth time.

 

Finally, on September 30, the waterway reached a transit record of 313 million Panama Canal tons, to date, for the current fiscal year.

 

The Canal also tied its March 2006 and June 2006 transit record for “supers” when 27 of these ships traversed the Canal on September 19. Due to their wide beams (width) and length overall, supers have greater limitations and require more resources and time to transit the waterway.