AUTORIDAD DEL CANAL DE PANAMÁ 3654 (OPXI) EXECUTIVE VICE PRESIDENCY FOR OPERATIONS v. 3- 2-2011 ADVISORIES ARE AVAILABLE AT http://www.pancanal.com FOR ETAS OR DIRECT COMMUNICATION WITH OUR OFFICES, REFER TO NOTICE N-3-2014 ADVISORY TO SHIPPING No. A-25-2014 December 2, 2014 TO: All Shipping Agents, Owners, and Operators SUBJECT: Monthly Canal Operations Summary – NOVEMBER 2014 1. Panama Canal Statistical Summary: a. Transit Pilot Force .................................................................................... 281 b. Pilots in Training ..................................................................................... 0 c. Tugs ................................................................................... 47 d. Locomotives .................................................................................... 100 2. Traffic Statistics: Daily Average High Low Arrivals 33.07 42 19 Oceangoing Transits 33.87 38 31 Canal Waters Time (hours) 32.33 42.05 23.90 In-Transit Time (hours) 12.46 14.09 11.19 Oceangoing Transits: Total Daily Average Percentage Vessels of less than 91' beam 236 7.87 23.23 Vessels 91 ́ beam and over 780 26.00 76.77 Total: 1016 33.87 100 Vessels 100' beam and over 696 23.20 68.50 Vessels 900' length and over 123 4.10 12.11 Booking Slots: Available Used Percentage Large Vessels (beam 91' and over) 510* 484* 1 94.90 Regular Vessels (beam less than 91') 240* 141* 1 58.75 Regular Vessels (up to 300' in length) 0 0 0.00 Auctioned booking slots 25 16 64.00 *Does not include additional auctioned booking slots ¹ Includes booked transits only 3. The following page provides the scheduled locks maintenance work and other items of interest to the shipping community. 4. This advisory will be canceled for record purposes on December 31, 2014. ORIGINAL SIGNED Esteban G. Sáenz Executive Vice President for Operations AUTORIDAD DEL CANAL DE PANAMÁ 3654 (OPXI) EXECUTIVE VICE PRESIDENCY FOR OPERATIONS v. 28-01-2011 OP, December 2, 2014 Subject: Monthly Canal Operations Summary – NOVEMBER 2014 SCHEDULE OF LOCKS MAINTENANCE OUTAGES Date s Days/Hrs Miraflores Pedro Miguel Gatun Estimated Capacity Status November 14, 2014 10 hrs. East Lane 32-34 Postponed November 21, 2014 10 hrs. East Lane 32-34 Postponed July 20-30, 2015 10 days West Lane 24-26 Tentative 1 The actual transit capacity may vary from day to day and will depend on vessel mix, transit restrictions and type of maintenance work being performed. Normally, during periods of reduced transit capacity, a corresponding reduction in the number of available reserved transit slots is ordered by the Authority. During these periods, non-booked vessels may experience delays in transiting. Whenever a set of locks requires an outage of one of its two lanes, advantage may be taken by performing simultaneous work at other locks. Final Shipment of New Gates for Canal Expansion Arrives in Panama The Panama Canal Expansion reached another major milestone with the arrival of the final shipment of gates for the new locks. “Today is an historic day for the Panama and the Canal,” said Panama’s President Juan Carlos Varela during a brief ceremony commemorating the arrival of the gates. “We are now in the homestretch to complete the Expansion.” "This is a major milestone for the Panama Canal Expansion since we now have all 16 rolling gates in Panama to be installed in the new locks," said Panama Canal Administrator Jorge L. Quijano. "With this Expansion, the Panama Canal will remain competitiv