The Panama Canal Authority (ACP) has announced a further reduction in the maximum authorized draft for vessels transiting the Neopanamax Locks and, importantly, has provided advance notice of a second scheduled adjustment to assist the shipping industry with voyage and cargo planning. Under Advisory to Shipping A-22-2026 https://pancanal.com/wp-content/uploads/2026/04/ADV-22-2026-Draft-adjustment-in-the-Neopanamax-Locks.pdf the ACP has confirmed the following maximum authoriz

The Panama Canal Board of Directors has approved the necessary funds—under Resolution No. ACP-JD-RM 25-1542—for constructing a new lake along the middle course of the Indio River Watershed. This initiative is a cornerstone of the Water Projects Program, designed to secure water supply for over half of Panama’s population, support Canal operations, and stimulate broader productive activities nationwide. Addressing Panama’s long-term water challenges, the project will significa