AUTORIDAD DEL CANAL DE PANAMÁ EXECUTIVE VICE PRESIDENCY FOR OPERATIONS 3654 (OPXI) V. 4-2-2015 ADVISORIES ARE AVAILABLE AT http://www.pancanal.com FOR ETAS OR DIRECT COMMUNICATION WITH OUR OFFICES, REFER TO NOTICE N-3-2017 ADVISORY TO SHIPPING No. A-09-2017 March 8, 2017 TO : All Shipping Agents, Owners, and Operators SUBJECT: Monthly Canal Operations Summary – FEBRUARY 2017 1. Panama Canal Statistical Summary: a. Transit Pilot Force .............................................................................................................. 275 b. Pilots in Training .............................................................................................................. 0 c. Tugs .............................................................................................................. 46 d. Locomotives .............................................................................................................. 100 2. Traffic Statistics: Daily Average High Low Arrivals 34.86 46 24 Oceangoing Transits 35.11 40 32 Canal Waters Time (hours) 27.86 35.41 20.75 In-Transit Time (hours) 11.46 12.82 9.90 Oceangoing Transits: Total Daily Average Percentage Vessels of less than 91 ́ beam 230 8.21 23.40% Vessels 91 ́ beam to under 107’ beam 595 21.25 60.53% Neopanamax Vessels (beam107’ and over) 158 5.64 16.07% Total: 983 35.11 100% Booking Slots: Available Used Percentage Neopanamax Vessels (beam 107' and over) 168 148 88.10 Large Vessels (91' to 107’ beam) 420* 404* 1 96.19 Regular Vessels (beam less than 91') 224* 184* 1 82.14 Regular Vessels (up to 300' in length) 3 3 100.00 Auctioned booking slots 27 14 51.85 *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 March 31, 2017. ORIGINAL SIGNED Esteban G. Sáenz Executive Vice President for Operations OP, March 8, 2017 Subject: Monthly Canal Operations Summary – FEBRUARY 2017 SCHEDULE OF LOCKS MAINTENANCE OUTAGES Dates Days/Hrs. Miraflores Pedro Miguel Gatun Estimated Capacity^ Expected Booking Condition^ Status 17 February 2017 8 hours East Lane * 30-32 1 Completed 24 March 2017 12 hours West Lane ** 28-30 1.a Confirmed 7 April 2017 12 hours West Lane ** 28-30 1.a Confirmed 21 April 2017 8 Hours West Lane * 30-32 1 Tentative 9-18 May 2017 10 days East Lane ** 22-24 2 Tentative 15, 16 June 2017 5 hours per day West Lane * 32-34 1 Tentative 20, 27 June 2017 4 hours per day West Lane* 32-34 1 Tentative 21, 28 June 2017 5 hours per day West Lane* 32-34 1 Tentative 11, 18 July 2017 4 hours per day West Lane* 32-34 1 Tentative 12, 19 July 2017 5 hours per day West Lane* 32-34 1 Tentative 1, 3 August 2017 4 hours per day East Lane * 32-34 1 Tentative 15-24 August 2017 10 days East Lane ** 22-24 2 Tentative 12, 13 September 2017 5 hours per day East Lane * 32-34 1 Tentative 15 September 2017 10 hours East Lane * 28-30 1.a Tentative The normal transit capacity of the Panamax locks is 34-36 vessels per day, depending on vessel mix, neopanamax transits, and other factors. This capacity is reduced during locks maintenance work, as indicated in the above table. Consequently, vessels may experience delays in transiting. When the Panama Canal’s capacity is expected to be reduced, a corresponding reduction in the number of available reserved transit slots may be ordered by the Canal Authority