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LoTSA 1.0

Adapting our business

Welcome to LoTSA 1.0, the Panama Canal’s Long-Term Slot Allocation program— This program delivers flexibility, transparency, and reliability—As the first edition of the Long-Term Slot Allocation program, LoTSA 1.0 empowered Neopanamax clients to secure transit slots well in advance—redefining how global shipping lines plan their operations.

This 12-month cycle product launched with sealed bids submitted in September and October 2024, and became effective from January 5, 2025 through January 3, 2026.

Benefits:

  • Advance Access: Reserve preferred transit dates and vessel names up to 15 days in advance.
  • Flexible Changes: Modify booking dates once with 8 days’ notice. Booking-related servicesincluded.
  • Customer Advantage: Higher bids receive priority for transit scheduling,