AUTORIDAD DEL CANAL DE PANAMÁ VICE PRESIDENCY FOR TRANSIT BUSINESS 3654 (NTXI) V. 1-8-2019 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-07-2019 March 11, 2019 TO : All Shipping Agents, Owners, and Operators SUBJECT: Monthly Canal Operations Summary – FEBRUARY 2019 1. Panama Canal Statistical Summary: a. Transit Pilot Force .............................................................................................................. 267 b. Pilots in Training .............................................................................................................. 16 c. Tugs .............................................................................................................. 46 d. Locomotives .............................................................................................................. 100 2. Traffic Statistics: Daily Average High Low Arrivals 33.43 44 21 Oceangoing Transits 34.36 40 26 Canal Waters Time (hours) 25.94 39.56 18.17 In-Transit Time (hours) 10.16 11.19 7.45 Oceangoing Transits: Total Daily Average Percentage Vessels of less than 91’ beam 211 7.54 21.93 Vessels 91’ beam to under 107’ beam 551 19.68 57.28 Neopanamax Vessels (107’ beam and over) 200 7.14 20.79 Total: 962 34.36 100 Booking Slots: Available Used Percentage Neopanamax Vessels (107’ beam and Over) 224 155 69.20 Large Vessels (91’ beam to under 107’ beam) 420* 302* 1 71.91 Regular Vessels (less than 91' beam) 224* 146* 1 65.18 Regular Vessels (up to 300' in length) 3 2 66.67 Auctioned booking slots 6 1 16.67 * 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 March 31, 2019. ORIGINAL SIGNED Ilya R. Espino de Marotta Vice President for Transit Business OP, March 11, 2019 Subject: Monthly Canal Operations Summary – FEBRUARY 2019 SCHEDULE OF PANAMAX LOCKS MAINTENANCE OUTAGES Dates Duration Miraflores Pedro Miguel Gatun Estimated Capacity^ Expected Booking Condition^ Status March 13,14, 2019 4 hours per day East Lane* 32-34 1 Tentative March19,20, 2019 8 hours per day West Lane* 30-32 1 Tentative April 9,10, 2019 8 hours per day West Lane* 30-32 1 Tentative May 27,28, 2019 8 hours per day West Lane* 30-32 1 Tentative June 7, 2019 5 hours West Lane* 32-34 1 Tentative June 14, 2019 5 hours West Lane* 32-34 1 Tentative June 21, 2019 12 hours West Lane* 28-30 1.a Tentative June 24 to July 2, 2019 8 days East Lane** 22-24 2 Tentative June 26, 29, 2019 3.5 days West Lane* 22-24 2 Tentative July 4 , 5 , 2019 5 hours per day East Lane* 32-34 1 Tentative July 17, 18, 2019 4 hours per day West Lane* 32-34 1 Tentative August 6,13, 2019 8 days West Lane** 22-24 2 Tentative August 22, 23, 2019 5 hours per day West Lane* 32-34 1 Tentative September 1, 2019 12 hours East 28-30 1.a Tentative September 2, 2019 12 hours West 28-30 1.a Tentative September 2,14, 2019 12 days Center *** 28-30 1.a Tentative September 14, 2019 12 hours East 28-30 1.a Tentative September 15, 2019 12 hours West 28-30 1.a Tentative SCHEDULE OF NEOPANAMAX LOCKS MAINTENANCE OUTAGES Agua Clara Cocolí Estimated Capacity^^ April 7, 2019 8 hours * 7-8 1 Tentative May 26, 2019 8 hours * 7-8 1 Tentative The normal transit capacity of the Panamax locks is 32-34 vessels per d