Panama Canal to cap daily transits, anticipating severe El Niño

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The Panama Canal ‌Authority will cap daily transits as of early September as it gears up for a longer-than-usual El Niño season expected to reduce water levels, it said on Thursday, walking back a previous pledge to not limit vessel passage.

Under the new measures, the canal ​will limit daily transits as of September 4 to 34 vessels, and reduce the number to 32 ​as of September 15.

The canal had registered an average of 35 daily transits through June ⁠2026, corresponding to vessel demand, with the capacity to handle around 40 crossings per day.

In May, canal authorities ​told Reuters that the waterway was not planning vessel passage restrictions this year, and had already been taking water ​conservation measures since 2025.

According to an advisory issued Thursday, daily capacity as of September 4 at the canal’s Neopanamax locks will be capped at nine slots, while capacity at the older Panamax locks will be limited to 25 slots.

As of September 15, capacity ​at the Panamax locks will be further reduced to 23 slots.

The canal authority had previously tightened draft limits several ​times as part of its water management strategy.

The authority also disclosed that rainfall from May through August was 34% below the ‌historical ⁠average, while watershed inflows plummeted 44% below normal.

It warned that the anticipated severity of the 2026-2027 El Niño event could further reduce precipitation, threatening the long-term sustainability of the waterway and local water supplies.

Additionally, the authority is postponing previously scheduled reductions to maximum authorized drafts. A planned adjustment to 14.63 meters (48.0 feet) in the Neopanamax locks was delayed ​until September 2, while ​a subsequent move to 14.48 ⁠meters (47.5 feet) was pushed back to October 1.

Draft is the depth of water a ship needs to float safely; a lower draft limit means vessels may have to ​carry less cargo in order to pass through the canal.

Panama Canal administrator Ricaurte Vasquez ​said El ⁠Niño this year could last much longer than before, requiring the canal to limit transit capacity, as it did during a drought in 2023 and 2024, in addition to imposing draft restrictions.

“The experience of 2023 and 2024 has prepared us ⁠well for ​what we know and has given us the discipline to deal ​with what we do not know. The canal does not improvise,” Vasquez said on Wednesday at a business event.

Source: Reuters