News / PCA eyes ways to increase Panama Canal transits and reliability

© Yanik Chauvin

The Panama Canal Authority (PCA) is weighing-up long-term solutions to bolster the resilience of its key shipping route, including opening a new reservoir and making pre-booking permanent.  

Last year, when the country was in the depths of an El Nino-induced drought, the PCA reduced daily shipping transits through the canal, and warned slots could fall to as low as 18 a day in February. However, a series of mitigation efforts by the ACP meant 20 became the nadir.  

The canal ...