SHIPPING: Panama Canal raises maximum drafts to 49ft as Lake
The Panama Canal Authority (PCA) is immediately increasing the maximum authorized draft for vessels transiting the waterway to 49ft (14.94m) as water levels have improved in Gatun Lake. The increase in draft restrictions will allow vessels to carry more cargo per trip as many had to carry less than a full load to meet the previous draft restrictions. The region has been through an intense drought that caused the PCA in 2023 to lower allowable drafts and to limit the number of vessels permitted to transit each day, a first ...
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