DAILY TRAFFIC REPORT
Last Update 08/17/2019

Panama Canal Condition 1

Vessels scheduled to transit

August 17^th   N/B=22 S/B=14

Backlog at 0001/17^th  65

Under Condition 1: (6) slots Neopanamax, (15) slots Super & (8) slots Regular vessels will be accepted for daily Booked Transit.

** NEWS **

TODAY”S  DRAFT 45.00 Feet / 13.72 meters at Neo-Panamax Locks

                                39.06 Feet / 12.04 meters at regular Panamax Locks

August 01,2019

SUBJECT: ADV29-2019/Use of Mooring Tails (pennants) with High-Modulus Polyethylene (HMPE) Lines. This new Advisory is indicating the use of the Mooring Tails Pennants when transiting Panama Canal.

July 25, 2019

SUBJECT: ADV28-2019 / Increase to the Maximum Authorized Draft for Neopanamax Vessels Transiting the Panama Canal.

Effective immediately, and until further notice, the maximum authorized draft allowed for vessels transiting the Neopanamax locks will be 13.72 m (45.0 feet) TFW

July 24, 2018

SUBJECT: ADV27-2019/ Scheduled Lane Outage at Miraflores Locks

Beginning at 1200 hours on Monday, July 29, 2019, until 1200 hours on Tuesday, August 06, 2019 (8 days), the West lane of Miraflores Locks will be out of service for scheduled maintenance.

+++

June 17, 2019

SUBJECT:  New Tolls Proposal

The Panama Canal Authority (ACP) has approved a proposal to modify the Panama Canal tolls system and the regulation for the admeasurement of vessels, to be effective January 1, 2020.

This proposal includes modifications to most of the Canal’s market segments, except for the general cargo, refrigerated cargo, and “other” segments.  Also includes both Panamax & NeoPanamax Locks.

Panama Canal Authority is consulting and finalizing their study in order to provide or confirm the final new tolls structure.

As of now we understand the increase in canal Tolls should be in the region of 8 to 10 percent.

On the below website you may see the Proposal in detail.

https://tolls.panama-canal.com/pdf/Tolls-Proposal-FY2020.pdf

We would of course continue to keep you well informed.

TENTATIVE LOYALTY PROGRAM DISCOUNT FOR CONTAINERS FOR JANUARY 2020

CUMULATIVES TEUS ( 12 Consecutives months)

CATEGORY 4
0-450,000 TEU

CATEGORY 3
450,001- 999,000 TEU

CATEGORY 2
1,000,000-1,499,999 TEU

CATEGORY 1
1,500,000- 2,000,000 TEU

CATEGORY 1.a (new)
2,000,001-3,000,000 TEU

CATEGORY PLUS (plus)
3,000,001 TEU and Over

NO DISCOUNT

1.67% DISCOUNT

3.33% DISCOUNT

5.00% DISCOUNT

5.42% DISCOUNT

8.339%  DISCOUNT

(*) For example, on the 1st of June, 2019, the category and tariff table will be set and applied based on the total capacity TEU volume registered

from the 1st os April 2019. This allows the month of May 2019 to be the buffer month for accounting purposes and internal processes.

TRAFFIC PROJECTIONS FOR TRANSITS

Northbound

Southbound

NEO-PANAMAX

PANAMAX

REGULARS

NEO-PANAMAX

PANAMAX

REGULARS

August 19^th – August 25^th

24-48 HRS

48-72 HRS

36-48 HRS

24-48 HRS

48 HRS

24-36 HRS

August 26^th – September 01^st

24-48 HRS

48 HRS

24-36 HRS

24-36 HRS

48 HRS

24-36 HRS

September 02^nd – September 08^th

24-48 HRS

48-72 HRS

24-48 HRS

24-48 HRS

48-72 HRS

24-48 HRS

Booking slots allocated as per Canal Authority weighted ranking

tie breaking criteria

NEOPANAMAX

PANAMAX AND REGULARS

Period 1=365 – 81 *

Period 1=365 – 22 *

Period 1.A=81 - 31 *

Period 2=21 - 4 *

Period 2=30 – 4 *

Period 3=3 – 2 *

* Days prior transit day

Weekly Report Booking Auctions

Monday

12

Tuesday

13

Wednesday

14

Tuesday

15

Friday

16

Saturday

10

Sunday

11

Panamax Locks

    NONE

    NONE

    NONE

    NONE

     NONE

    45,000

     50,200

LAST BOOKING AUCTION PRICE –August  16^th , 2019

Arrivals              N=Neo-Panamax  P=Panamax  R= Regular

Gatun Lake

North

South

Total

Water Level

Tropical Fresh Water

17 August

N-05   P-11  R-02

N-05   P-12  R-02

37

As of

August 16^th

80.68

Density 0.9954 
gms/at 85 F20

18 August

N-04   P-06  R-05

N-02   P-12  R-02

31

19 August

N-02   P-11  R-04

N-03   P-10  R-02

32

SCHEDULE OF LOCKS MAINTENANCE OUTAGES

Dates

Duration

Miraflores

Pedro Miguel

Gatún

Estimated Capacity^

Expected Booking Condition^

Status

August 20, 2019

10 hours

East*

28-30

1.a

Tentative

August 24, 2019

12 hours

West Lane*

East*

27-29

1.a

Tentative

August 25, 2019

12 hours

West*

27-29

1.a

Tentative

August 26, to September 6, 2019

10 days

Centerwall***

27-29

1.a

Tentative

September 5, 2019

12 hours

East*

27-29

1.a

Tentative

September 6, 2019

12 hours

West*

27-29

1.a

Tentative

September 12, 2019

10 hours

East*

28-30

1.a

Tentative

September 24, to October 1, 2019

8 days

East*

22-24

2

Tentative