The Panama Canal Authority (ACP) has announced that starting 24 September, vessels will be able to transit with a 50-foot draught, the maximum offered by the neo-panamax locks, as a result of resource planning measures, efficient water uses and recent rainfall in its watershed.
“For the first time in 20 months, the inter-oceanic waterway has the capacity to allow vessels to use the maximum draught of the neo-panamax locks, as a result of a combination of factors aimed at providing customers with a more profitable route for their business from the Canal,” said ACP administrator Ricaurte Vásquez Morales.
A 50-foot draught allows vessels to transit with a greater amount of cargo, which translates into benefits for customers because it makes the transportation of goods more efficient. As an example, each additional foot of draught in the Neo-panamax locks means a vessel can load an average of 330 extra containers, impacting favourably its economy of scale.
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Source: Seatrade Maritime News