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Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
16200 Central Green Blvd
GAC Regional Office, Asia Pacific 78 Shenton Way, #29-01
Group Vice President, Asia Pacific & Indian Subcontinent
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
Leverage on our experience and expertise with integrated shipping, logistics and marine services tailored to meet your needs.
Safe, reliable and swift delivery of quality marine fuels at competitive prices
Round-the-clock ship supply services
Specialised solutions to improve supply chain efficiency
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27 Aug 2024 / Panama Canal, Panama
Following the announcement of the new Long Term Slot Allocation (LoTSA) methodology, several customers from the full container market segment have requested additional time to properly evaluate this new initiative.
Therefore, in consideration of our customers' concerns, and in order to encourage greater participation and ensure the success of the LoTSA methodology, the Panama Canal Authority (ACP) announces the postponement of the implementation date until October 1, 2024, for all market segments, except for LNG/LPG.
The sealed bidding process for the first calendar year period for booking dates from January 5, 2025, to January 3, 2026, will be held as shown as follows:
LNG/LPG
- No. of packages: 6
- Slots per package: 24
- Auction Opening Date: September 9, 2024
LNG/LPG
- No. of packages: 18
- Slots per package: 12
- Auction Opening Date: September 11, 2024
Full Containers
- No. of packages: 7
- Slots per package: 104
- Auction Opening Date: October 1, 2024
Full Containers
- No. of packages: 7
- Slots per package: 52
- Auction Opening Date: October 3, 2024
All
- No. of packages: 1
- Slots per package: 6
- Auction Opening Date: October 7, 2024
Regarding the payment of slots obtained through the LoTSA method, customers must pay in cash or post a bank guarantee, in the legal currency of the Republic of Panama (USD) not later than 96 hours prior to the transit date. The remaining information published in Advisories A-25-2024 and A-29-2024 remains unchanged.
The terms and conditions for the LoTSA initiative have been updated accordingly, and are available in the following link: https://pancanal.com/en/mariti...
For additional information, please contact our Operation Services Management Office at the following email address: [email protected]
(For information about operations in Panama, contact GAC Panama at [email protected])
Source: Panama Canal Authority Advisory To Shipping No.A-30-2024 dated 26 August 2024