Based on Panama Canal Authority, the draft restrictions have been reduced gradually from 15.2m to 13.41m currently. In addition, the daily vessel transit capacity has also been reduced from 34-38 ships per day to a maximum of 32 vessels per day. This includes 10 vessels via the Neopanamax locks and 22 vessels via the Panamax locks.
CMA CGM vessels that transit via Panama Canal destined to both USEC and USGC are transiting via the Neopanamax locks.
These draft restrictions will cause some impact to the vessel utilization across the canal, including limitations in loading heavy cargo onboard vessels. For the vessels that are transitioning daily, CMA CGM does not expect any immediate impact on the schedule integrity.
John S. Connor will continue to monitor and update the situation closely. Questions regarding this continuing situation should be directed to your Connor representative.