ADVISORIES ARE AVAILABLE AT http://www.pancanal.com FOR ETAS OR DIRECT COMMUNICATION WITH OUR OFFICES, REFER TO NOTICE N-3-2022 Panama Canal Authority Vice Presidency for Operations Advisory to Shipping No. A-36-2022 November 23, 2022 TO : All Shipping Agents, Owners, and Operators SUBJECT: Clarification Regarding Alternate Date Change of Vessels Awarded Slots Through the Auction Process With the increase in auction booking slots, particularly the Tuesday and Wednesday auctions, the possibility of having customers win an auction while already holding a slot for another date has also increased. In order to clarify the procedures applicable in such cases, the following information is provided: 1. Vessels whose booking requests for a particular date were rejected due to unavailability of slots, and subsequently obtain a slot for an alternate date through the auction process, may change to the original date requested without being assessed a cancellation charge for the change in date. In such cases, the booking fee to be applied to the vessel will be based on the winning amount bid during the auction. 2. Vessels who have already been awarded a slot through the auction and subsequently win an auction for an alternate date, will be allowed to change the booking date without being assessed a cancellation charge, provided that they had submitted a request for the alternate date prior to obtaining the auction slot and were rejected due to unavailability of slots. In such cases, the booking fee to be applied will be the highest of the two winning bids. 3. Vessels who have already been awarded a slot through the auction and subsequently obtain a regular booking slot for an alternate date, will be allowed to change to the alternate date without being assessed a cancellation fee, if they had submitted a request for the alternate date prior to obtaining the auction slot and were rejected due to unavailability of slots. In such cases, the booking fee to be applied will be based on the winning amount bid during the auction. 4. Vessels that have been awarded a slot through the auction process are not allowed to participate in subsequent auctions for the same booking date. ORIGINAL SIGNED Ilya R. Espino de Marotta Deputy Administrator and Vice President for Operations 3654-A (OP-I) V. 1/10/2020