<div _ngcontent-ng-c2445816149="" inline-copy-host="" class="markdown markdown-main-panel enable-luminous-fast-follows enable-updated-hr-color md-content stronger tutor-markdown-rendering" id="model-response-message-contentr_7db2972c41d9ec7d" aria-busy="false" aria-live="polite" dir="ltr" style="--animation-duration: 400ms; --fade-animation-function: ease-out; animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; color: rgb(31, 31, 31); columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: flex; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: column; float: none; gap: 16px; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; font-family: "Google Sans Text", sans-serif !important; line-height: 1.15 !important;"><h3 data-path-to-node="0" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; margin-bottom: -8px; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; font-family: "Google Sans", sans-serif !important; line-height: 1.15 !important;"><b data-path-to-node="3" data-index-in-node="0" style="background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); font-size: inherit; animation: auto ease 0s 1 normal none running none; appearance: none; border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; font-family: "Google Sans Text", sans-serif !important; line-height: 1.15 !important;">PANAMA CITY — Preemptive Measures Enforced Ahead of Strengthened El Niño Pattern</b></h3><p data-path-to-node="4" id="p-rc_181a92f6ad9b145b-204" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;"><span class="citation-306 citation-end-306" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;">Faced with declining Gatún Lake reservoir levels and long-range weather forecasts predicting a severe El Niño-driven drought across the Isthmus of Panama, the Panama Canal Authority (ACP) has officially suspended its "Period 3" transit slot auctions for Regular and Super Panamax vessel segments.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c34161646="" style="animation: auto ease 0s 1 normal none running none; appearance: none; background-image: none; background-position: 0% 0%; background-size: auto; background-repeat: repeat; background-attachment: scroll; background-origin: padding-box; background-clip: border-box; border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;"><sup _ngcontent-ng-c34161646="" class="superscript" data-turn-source-index="2" style="animation: auto ease 0s 1 normal none running none; appearance: none; background-image: none; background-position: 0% 0%; background-size: auto; background-repeat: repeat; background-attachment: scroll; background-origin: padding-box; background-clip: border-box; border-style: none; border-color: rgb(68, 71, 70); inset: -10px 2px 10px -2px; clear: none; clip: auto; color: rgb(68, 71, 70); columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline-flex; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; margin-right: -6px; margin-left: -6px; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(68, 71, 70) none 2.66667px; overlay: none; page: auto; perspective: none; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(68, 71, 70); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; background-color: transparent !important; line-height: 1.15 !important; font-size: 16px !important;"><!----></sup></source-footnote></span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c467635652="" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;"> <source-inline-chip _ngcontent-ng-c467635652="" _nghost-ng-c2222910382="" class="ng-star-inserted" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: 0px; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: relative; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;"><!----><!----><!----><!----><!----></source-inline-chip><!----><!----><!----></sources-carousel-inline></p><p data-path-to-node="5" id="p-rc_181a92f6ad9b145b-205" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;"><span class="citation-305 citation-end-305" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;">The temporary suspension, effective July 25, 2026, removes close-in auction slots previously offered 96 to 48 hours prior to transit—a highly competitive booking avenue that had seen auction bids surge past $4 million during previous global trade bottlenecks.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c34161646="" style="animation: auto ease 0s 1 normal none running none; appearance: none; background-image: none; background-position: 0% 0%; background-size: auto; background-repeat: repeat; background-attachment: scroll; background-origin: padding-box; background-clip: border-box; border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;"><sup _ngcontent-ng-c34161646="" class="superscript" data-turn-source-index="3" style="animation: auto ease 0s 1 normal none running none; appearance: none; background-image: none; background-position: 0% 0%; background-size: auto; background-repeat: repeat; background-attachment: scroll; background-origin: padding-box; background-clip: border-box; border-style: none; border-color: rgb(68, 71, 70); inset: -10px 2px 10px -2px; clear: none; clip: auto; color: rgb(68, 71, 70); columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline-flex; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; margin-right: -6px; margin-left: -6px; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(68, 71, 70) none 2.66667px; overlay: none; page: auto; perspective: none; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(68, 71, 70); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; background-color: transparent !important; line-height: 1.15 !important; font-size: 16px !important;"><!----></sup></source-footnote></span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c467635652="" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;"> <source-inline-chip _ngcontent-ng-c467635652="" _nghost-ng-c2222910382="" class="ng-star-inserted" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: 0px; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: relative; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;"><!----><!----><!----><!----><!----></source-inline-chip><!----><!----><!----></sources-carousel-inline></p><h4 data-path-to-node="6" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; margin-bottom: -8px; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; font-family: "Google Sans", sans-serif !important; line-height: 1.15 !important;"><b data-path-to-node="6" data-index-in-node="0" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; font-family: "Google Sans Text", sans-serif !important; line-height: 1.15 !important;">Managing Reservoir Levels and Vessel Drafting Constraints</b></h4><p data-path-to-node="7" id="p-rc_181a92f6ad9b145b-206" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;"><span class="citation-304 citation-end-304" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;">According to operational updates issued by maritime agencies like Norton Lilly, the decision is a proactive water-management strategy designed to protect the safe and sustainable operation of the canal.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c34161646="" style="animation: auto ease 0s 1 normal none running none; appearance: none; background-image: none; background-position: 0% 0%; background-size: auto; background-repeat: repeat; background-attachment: scroll; background-origin: padding-box; background-clip: border-box; border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;"><sup _ngcontent-ng-c34161646="" class="superscript" data-turn-source-index="4" style="animation: auto ease 0s 1 normal none running none; appearance: none; background-image: none; background-position: 0% 0%; background-size: auto; background-repeat: repeat; background-attachment: scroll; background-origin: padding-box; background-clip: border-box; border-style: none; border-color: rgb(68, 71, 70); inset: -10px 2px 10px -2px; clear: none; clip: auto; color: rgb(68, 71, 70); columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline-flex; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; margin-right: -6px; margin-left: -6px; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(68, 71, 70) none 2.66667px; overlay: none; page: auto; perspective: none; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(68, 71, 70); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; background-color: transparent !important; line-height: 1.15 !important; font-size: 16px !important;"><!----></sup></source-footnote></span> <span class="citation-303 citation-end-303" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;">Gatún Lake's water level currently sits near 84.6 feet (25.8 meters)—slightly below the five-year average—and is projected to decline toward 83.8 feet by late September as below-average rainfall patterns take hold.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c34161646="" style="animation: auto ease 0s 1 normal none running none; appearance: none; background-image: none; background-position: 0% 0%; background-size: auto; background-repeat: repeat; background-attachment: scroll; background-origin: padding-box; background-clip: border-box; border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;"><sup _ngcontent-ng-c34161646="" class="superscript" data-turn-source-index="5" style="animation: auto ease 0s 1 normal none running none; appearance: none; background-image: none; background-position: 0% 0%; background-size: auto; background-repeat: repeat; background-attachment: scroll; background-origin: padding-box; background-clip: border-box; border-style: none; border-color: rgb(68, 71, 70); inset: -10px 2px 10px -2px; clear: none; clip: auto; color: rgb(68, 71, 70); columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline-flex; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; margin-right: -6px; margin-left: -6px; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(68, 71, 70) none 2.66667px; overlay: none; page: auto; perspective: none; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(68, 71, 70); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; background-color: transparent !important; line-height: 1.15 !important; font-size: 16px !important;"><!----></sup></source-footnote></span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c467635652="" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;"> <source-inline-chip _ngcontent-ng-c467635652="" _nghost-ng-c2222910382="" class="ng-star-inserted" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: 0px; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: relative; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;"><!----><!----><!----><!----><!----></source-inline-chip><!----><!----><!----></sources-carousel-inline></p><p data-path-to-node="8" id="p-rc_181a92f6ad9b145b-207" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;"><span class="citation-302 citation-end-302" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;">By suspending Period 3 daily auctions for smaller Panamax locks, the ACP has reduced total daily transits from 36 down to 34 vessels.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c34161646="" style="animation: auto ease 0s 1 normal none running none; appearance: none; background-image: none; background-position: 0% 0%; background-size: auto; background-repeat: repeat; background-attachment: scroll; background-origin: padding-box; background-clip: border-box; border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;"><sup _ngcontent-ng-c34161646="" class="superscript" data-turn-source-index="6" style="animation: auto ease 0s 1 normal none running none; appearance: none; background-image: none; background-position: 0% 0%; background-size: auto; background-repeat: repeat; background-attachment: scroll; background-origin: padding-box; background-clip: border-box; border-style: none; border-color: rgb(68, 71, 70); inset: -10px 2px 10px -2px; clear: none; clip: auto; color: rgb(68, 71, 70); columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline-flex; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; margin-right: -6px; margin-left: -6px; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(68, 71, 70) none 2.66667px; overlay: none; page: auto; perspective: none; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(68, 71, 70); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; background-color: transparent !important; line-height: 1.15 !important; font-size: 16px !important;"><!----></sup></source-footnote></span> <span class="citation-301 citation-end-301" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;">While Neopanamax lock auctions and extraordinary one-off auctions resulting from cancellations remain active, vessels that traditionally rely on last-minute bookings now face heightened competition and tighter schedule requirements.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c34161646="" style="animation: auto ease 0s 1 normal none running none; appearance: none; background-image: none; background-position: 0% 0%; background-size: auto; background-repeat: repeat; background-attachment: scroll; background-origin: padding-box; background-clip: border-box; border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;"><sup _ngcontent-ng-c34161646="" class="superscript" data-turn-source-index="7" style="animation: auto ease 0s 1 normal none running none; appearance: none; background-image: none; background-position: 0% 0%; background-size: auto; background-repeat: repeat; background-attachment: scroll; background-origin: padding-box; background-clip: border-box; border-style: none; border-color: rgb(68, 71, 70); inset: -10px 2px 10px -2px; clear: none; clip: auto; color: rgb(68, 71, 70); columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline-flex; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; margin-right: -6px; margin-left: -6px; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(68, 71, 70) none 2.66667px; overlay: none; page: auto; perspective: none; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(68, 71, 70); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; background-color: transparent !important; line-height: 1.15 !important; font-size: 16px !important;"><!----></sup></source-footnote></span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c467635652="" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;"> <source-inline-chip _ngcontent-ng-c467635652="" _nghost-ng-c2222910382="" class="ng-star-inserted" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: 0px; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: relative; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;"><!----><!----><!----><!----><!----></source-inline-chip><!----><!----><!----></sources-carousel-inline></p><p data-path-to-node="9" id="p-rc_181a92f6ad9b145b-208" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;"><span class="citation-300 citation-end-300" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;">The slot cuts compound earlier operational adjustments, including draft restrictions reducing maximum authorized transit depths to 49 feet (14.93 meters) in tropical freshwater.<source-footnote ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c34161646="" style="animation: auto ease 0s 1 normal none running none; appearance: none; background-image: none; background-position: 0% 0%; background-size: auto; background-repeat: repeat; background-attachment: scroll; background-origin: padding-box; background-clip: border-box; border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;"><sup _ngcontent-ng-c34161646="" class="superscript" data-turn-source-index="8" style="animation: auto ease 0s 1 normal none running none; appearance: none; background-image: none; background-position: 0% 0%; background-size: auto; background-repeat: repeat; background-attachment: scroll; background-origin: padding-box; background-clip: border-box; border-style: none; border-color: rgb(68, 71, 70); inset: -10px 2px 10px -2px; clear: none; clip: auto; color: rgb(68, 71, 70); columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline-flex; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; margin-right: -6px; margin-left: -6px; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(68, 71, 70) none 2.66667px; overlay: none; page: auto; perspective: none; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(68, 71, 70); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; background-color: transparent !important; line-height: 1.15 !important; font-size: 16px !important;"><!----></sup></source-footnote></span> <span class="citation-299 citation-end-299" style="animation: auto ease 0s 1 normal none running none; appearance: none; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0); border-style: none; border-color: rgb(31, 31, 31); inset: auto; clear: none; clip: auto; columns: auto; contain: none; container: none; content: normal; cursor: auto; cx: 0px; cy: 0px; d: none; direction: ltr; display: inline; fill: rgb(0, 0, 0); filter: none; flex: 0 1 auto; flex-direction: row; float: none; gap: normal; hyphens: manual; interactivity: auto; isolation: auto; marker: none; mask: none; offset: normal; opacity: 1; order: 0; outline: rgb(31, 31, 31) none 2.66667px; overlay: none; page: auto; perspective: none; position: static; quotes: auto; r: 0px; resize: none; rotate: none; rule: 2px rgb(31, 31, 31); rx: auto; ry: auto; scale: none; speak: normal; stroke: none; transform: none; transition: all; translate: none; visibility: visible; x: 0px; y: 0px; zoom: 1; line-height: 1.15 !important;">Ocean carriers operating bulk, gas, and container lines are strongly advised to transition toward long-term advance reservations (Periods 1 and 2) and build extensive schedule buffers to mitigate transit uncertainty.</span></p></div>
Panama Canal Authority Suspends Auction Slots to Curb Transit Draft Amid Water Shortages
The temporary suspension, effective July 25, 2026, removes close-in auction slots previously offered 96 to 48 hours prior to transit—a highly competitive booking avenue that had seen auction bids surge past $4 million during previous global trade bottlenecks.
