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-3-2018 ADVISORY TO SHIPPING No. A-07-2018 March 9, 2018 TO : All Shipping Agents, Owners, and Operators SUBJECT: Monthly Canal Operations Summary – FEBRUARY 2018 1. Panama Canal Statistical Summary: a. Transit Pilot Force .............................................................................................................. 272 b. Pilots in Training .............................................................................................................. 0 c. Tugs .............................................................................................................. 46 d. Locomotives .............................................................................................................. 100 2. Traffic Statistics: Daily Average High Low Arrivals 33.64 43 24 Oceangoing Transits 33.61 39 30 Canal Waters Time (hours) 26.76 51.03 19.19 In-Transit Time (hours) 11.15 14.41 9.70 Oceangoing Transits: Total Daily Average Percentage Vessels of less than 91’ beam 238 8.5 25.29 Vessels 91’ beam to under 107’ beam 516 18.43 54.84 Neopanamax Vessels (107’ beam and over) 187 6.68 19.87 Total: 941 33.61 100 Booking Slots: Available Used Percentage Neopanamax Vessels (107’ beam and Over) 196 157 80.10 Large Vessels (91’ beam to under 107’ beam) 420* 317* 1 75.48 Regular Vessels (less than 91' beam) 224* 164* 1 73.21 Regular Vessels (up to 300' in length) 4 4 100.00 Auctioned booking slots 9 0 0.0 * Does not include additional auctioned booking slots ¹ Includes booked transits only 3. The following pages provide the scheduled locks maintenance work, projected draft allowances for neopanamax vessels, and other items of interest to the shipping community. 4. This advisory will be canceled for record purposes on March 31, 2018. ORIGINAL SIGNED Esteban G. Sáenz Executive Vice President for Operations OP, March 9, 2018 Subject: Monthly Canal Operations Summary – FEBRUARY 2018 SCHEDULE OF LOCKS MAINTENANCE OUTAGES Dates Duration Miraflores Pedro Miguel Gatun Estimated Capacity^ Expected Booking Condition^ Status 1, 2 March 2018 4 hours per day West Lane* 32-34 1 Completed 8 March 2018 4 hours West Lane* 32-34 1 Completed 9 March 2018 5 hours West Lane 31 - 33 1 Confirmed 15 March 2018 4 hours West Lane* 32-34 1 Tentative 16 March 2018 5 hours West Lane* 31 -33 1 Tentative 19 April 2018 4 hours West Lane* 32-34 1 Tentative 20 April 2018 5 hours West Lane* 32 - 34 1 Tentative 26, April 2018 4 hours West Lane* 32-34 1 Tentative 27 April 2018 5 hours West Lane* 32 - 34 1 Tentative 18 May 2018 24 hours East Lane* 22-24 2 Tentative 29 May to 1 June 96 hours West Lane** 22-24 2 Tentative 30 May 24 hours East Lane* 22-24 2 Tentative 1 June 2018 24 hours East line* 22-24 2 Tentative 9, 10 June 2018 8 hours per day East/West Lane* 30-32 1.a Tentative 11-18 June 2018 8 days Center Wall *** 28-30 1.a Tentative 15 June 2018 24 hours East Line* 22-24 2 Tentative 18, 19 June 2018 8 hours per day East/West Lane* 30-32 1.a Tentative 20 July 2018 8 hours West Lane* 28-30 1.a Tentative 26, 27 July 5 hours per day West Lane* 32-34 1 Tentative 14-23 August 2018 10 days West Lane** 22-24 2 Tentative 13-14 September 2018 2 days East Lane** 22-24 2 Tentative The normal transit capacity of the Panamax locks is 34-36 vessels per day, depending on vess