LoTSA Panamax

The Long-Term Slot Allocation (LoTSA) Panamax program enables customers transiting the Panamax Locks with Super category vessels to secure Panama Canal booking slots for a defined period. This method allows customers to reserve transit slot packages through a sealed bid process available in the Panama Canal Transit Auction System.  The program provides customers with improved visibility, operational reliability, and planning confidence in a dynamic maritime environment.

*Super: Vessels with a LOA of 294.44 m (966 feet) or less, and a maximum beam of 32.61 m (107 feet).

Benefits:

• Greater certainty for transit planning: LoTSA for Panamax provides customers with slot packages that support more predictable and reliable transit planning.
• Improved operational reliability: Customers can secure transit opportunities in advance, helping reduce uncertainty and support better coordination of vessel schedules and logistics.
• Support for different market segments: The program is designed to serve multiple Panamax market segments seeking certainty, flexibility, and improved planning capabilities.
• Better alignment with market windows: Packages allow customers to plan their operations according to commercial opportunities, vessel schedules, and market demand
• Enhanced planning confidence: By participating in this program customers gain improved visibility over their transit options within the applicable booking period.