The Panama Canal Authority (ACP) has announced the suspension of its previously announced draught restriction of 13.11 m (43.0 feet) maximum Tropical Fresh Water (TFW) for vessels transiting the neo-panamax locks and 11.73 m (38.5 feet) TFW for vessels transiting the panamax locks, which was scheduled to become effective 16 July 2019.
The US China trade war that began almost a year ago, is taking its toll as illustrated by revenues from the Panama Canal.
The Panama Canal Authority (ACP) has announced it is again postponing a planned reduction, however, water levels remain below the average for last 65 years as climate change impacts the key waterway.
The Panama Canal Authority (ACP) has again postponed a further draught reduction, which would have been the sixth of this year.
Recent rainfall in the Panama Canal watershed during the past week has allowed the Panama Canal Authority (ACP) to postpone the effective date of the sixth draught reduction until 19 June.
Sunday marked another milestone for the Panama Canal with the transit of Qatargas Al Safliya, to date the largest LNG carrier to transit the waterway.
As the severe dry season continues the Panama Canal Authority has announced a sixth draught reduction for vessels transiting the neo-panamax locks, to 13.11metres (43 ft) effective 28 May down from 13.41 metres (44 ft) Tropical Fresh Water (TFW) which was effective 30 April.
As a severe dry season hits Central America the Panama Canal Authority (ACP) has announced its fifth draught reduction for the new locks, effective 30 April 2019.