The Panama Canal has announced an increase in daily transits from 22 to 24 starting in January, aiming to benefit its customers. The decision is a response to the unusually low water levels in Gatun Lake caused by El Niño-induced drought. Initially implementing restrictions due to the water crisis, the Canal adjusted transit numbers based on improved rainfall in November and water-saving measures. This marks the first time the Canal has restricted transits. The measures, effective from January 16, 2024, include one booking slot per customer per date, promoting a fair reservation system. Despite challenges, the Canal's operational strategy focuses on water conservation and transit reliability amid the second driest year in recorded history for the watershed. The Gatun and Alhajuela Canal Lake System not only supports canal operations but also provides water for various purposes, including electricity generation and meeting the needs of over 50% of the country's population. The announcement emphasizes ongoing monitoring of the water crisis, with updates to conditions communicated in a timely manner.

SOURCE:GOOGLE