Drought in Panama impacts canal operations

The Panama Canal Authority has advised vessel operators to load less cargo on to ships in order to maintain a higher draft and minimize water usage in locks.

Drought in Panama impacts canal operations

The Panama Canal Authority has advised vessel operators to load less cargo on to ships in order to maintain a higher draft and minimize water usage in locks.

Drought in Panama impacts canal operations

The Panama Canal Authority has advised vessel operators to load less cargo on to ships in order to maintain a higher draft and minimize water usage in locks.

 
The Panama Canal Authority has set temporary draft limits for large vessels because of water shortages for the locks caused by an unusual weather pattern. The restriction essentially will require vessels to lighten load at ports of origin so they ride higher and less water is required to raise them in the locks.
    The Panama Canal is the maritime passageway between the Atlantic and Pacific oceans that is primarily used by shippers transporting cargo between the east coasts of North and South America and northern Asia, as well as the west coasts of the Americas.
    El Niño, a climate phenomenon resulting in periodic warming of the tropical Pacific Ocean, has changed the rainfall pattern in Panama, triggering a drought in the canal watershed and causing water levels in Gatun and Alhajuela lakes to fall substantially below their average for this time of year.
    The Panama Canal Authority’s (ACP) shipping advisory sets the maximum draft at 39 feet in fresh water, effective April 18. Vessels loaded to drafts over 39 feet prior to or on March 21 will have their draft restriction waived for transit, subject to safety considerations. Vessels loaded after March 21 will not be allowed through the Canal if they draft below 39 feet.
    Further restrictions could follow, the ACP said.
   Draft restrictions will be implemented in six-inch decrements, with each restriction announced at least four weeks in advance to give customers time to properly plan stowage or vessel options.
    The most recent El Niño phenomenon involving similar conditions took place during the 1997-1998 season. The ACP said it will continue to provide information on the measures being taken and to closely monitor the situation to ensure the security and efficiency of its services.

First-quarter Mexican trade volumes were slower than we had initially anticipated, but we now see solid growth for the rest of the year.

Drewry’s World Container Index, a composite of container freight rates on eight major routes to and from the U.S., Europe and Asia, was down 1.4% to $1,351.15 per 40-foot container as of June 13.

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Drought in Panama impacts canal operations

The Panama Canal Authority has advised vessel operators to load less cargo on to ships in order to maintain a higher draft and minimize water usage in locks.

on Mar 22, 2016AmericanShipper.com

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Drought in Panama impacts canal operations

The Panama Canal Authority has advised vessel operators to load less cargo on to ships in order to maintain a higher draft and minimize water usage in locks.

on Mar 22, 2016AmericanShipper.com