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LoTSA 2.0

Navigating the Future

Welcome to LoTSA 2.0, the Panama Canal’s enhanced Long-Term Slot Allocation program—This new program offers significant improvements in flexibility, segmentation, and efficiency, making it a valuable tool for our clients.

LoTSA 2.0 is structured into two 6-month cycles:

First Cycle:

    • Sealed bids must be submitted on October 28, 2025, between 8:00 a.m. and 11:00 a.m. (Panama time).
    • This cycle will be effective from January 4, 2026, through July 4, 2026.

Second Cycle:

    • The second cycle will be effective from July 5, 2026, through January 3, 2027.
    • The sealed bid announcement will be made in a timely manner.

Benefits:

  • Advance Access: Reserve preferred transit dates and vessel names up to 15 days in advance.
  • Flexible Changes: Modify booking dates up to two times (depending on the package) with five days’ notice. Booking-related services included.
  • Smart Cancellations: Cancel with 15+ days’ notice and pay only 80% of the slot value.
  • Dynamic packages: Ideal for fast-changing environments and real-time decision-making.
  • Customer Advantage: Higher bids enable access to preferred transit dates and expanded ready-time services.

LoTSA 2.0 goes beyond operational logistic,
it’s a strategic advantage.