AUTORIDAD DEL CANAL DE PANAMÁ VICE PRESIDENCY FOR TRANSIT BUSINESS 3654 (NTXI) V. 8-1-2019 ADVISORIES ARE AVAILABLE AT http://www.pancanal.com FOR ETAs OR DIRECT COMMUNICATION WITH OUR OFFICES, REFER TO NOTICE N-3-2019 ADVISORY TO SHIPPING No. A-41-2019 December 6, 2019 TO : All Shipping Agents, Owners, and Operators SUBJECT: Monthly Canal Operations Summary – NOVEMBER 2019 1. Panama Canal Statistical Summary: a. Transit Pilot Force .............................................................................................................. 261 b. Pilots in Training .............................................................................................................. 32 c. Tugs .............................................................................................................. 46 d. Locomotives .............................................................................................................. 100 2. Traffic Statistics: Daily Average High Low Arrivals 37.90 56 27 Oceangoing Transits 37.87 43 32 Canal Waters Time (hours) 33.01 50.78 24.16 In-Transit Time (hours) 12.21 15.36 10.27 Oceangoing Transits: Total Daily Average Percentage Vessels of less than 91’ beam 214 7.13 18.84 Vessels 91’ beam to under 107’ beam 648 21.60 57.04 Neopanamax Vessels (107’ beam and over) 274 9.13 24.12 Total: 1,136 37.87 100.00 Booking Slots: Available Used Percentage Neopanamax Vessels (107’ beam and Over) 240 225 93.75 Large Vessels (91’ beam to under 107’ beam) 450* 434* 1 96.44 Regular Vessels (less than 91' beam) 240* 156* 1 65.00 Regular Vessels (up to 300' in length) 0 0 0 Auctioned booking slots 25 15 25.00 * Does not include additional auctioned booking slots ¹ Includes booked transits only 3. The following pages provide 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, 2019. ORIGINAL SIGNED Ilya R. Espino de Marotta Vice President for Transit Business NT, December 6, 2019 Subject: Monthly Canal Operations Summary – NOVEMBER 2019 SCHEDULE OF PANAMAX LOCKS MAINTENANCE OUTAGES Dates Duration Miraflores Pedro Miguel Gatun Estimated Capacity^ Expected Booking Condition^ Status November 20, 2019 12 hours East* 26-28 1.a Postponed November 27, 2019 12 hours East* 26-28 1.a Postponed January 15, 2020 4 hours West* 31-33 1 Tentative January 16, 2020 5 hours West* 30-32 1 Tentative January 22, 2020 4 hours West* 31-33 1 Tentative January 23, 2020 5 hours West* 30-32 1 Tentative January 28, 2020 12 hours East* 26-28 1.a Tentative January 30, 2020 12 hours East* 26-28 1.a Tentative May 6, 2020 5 hours East* 30-32 1 Tentative May 7, 2020 5 hours East* 30-32 1 Tentative May 29, 2020 10 hours West* 27-29 1.a Tentative June 15 to 25, 2020 10 days East** 22-24 2 Tentative July 9, 2020 5 hours West* 30-32 1 Tentative July 10, 2020 5 hours West* 30-32 1 Tentative September 16, 2020 5 hours East* 30-32 1 Tentative September 18, 2020 5 hours East* 30-32 1 Tentative September 24, 2020 10 hours East* 27-29 1.a Tentative The normal transit capacity of the Panamax locks is 32-34 vessels per day and 8-9 vessels in the Neopanamax Locks, depending on vessel mix, transit restrictions 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