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-3-2015 ADVISORY TO SHIPPING No. A-08-2015 April 7, 2015 TO : All Shipping Agents, Owners, and Operators SUBJECT: Monthly Canal Operations Summary – MARCH 2015 1. Panama Canal Statistical Summary: a. Transit Pilot Force ..................................................................................... 280 b. Pilots in Training ..................................................................................... 0 c. Tugs ..................................................................................... 47 d. Locomotives ..................................................................................... 100 2. Traffic Statistics: Daily Average High Low Arrivals 34.81 49 22 Oceangoing Transits 34.94 39 30 Canal Waters Time (hours) 39.72 68.94 25.68 In-Transit Time (hours) 12.46 14.56 11.15 Oceangoing Transits: Total Daily Average Percentage Vessels of less than 91 ́ beam 325 10.48 30.01 Vessels 91 ́ beam and over 758 24.45 69.99 Total: 1,083 34.94 100 Vessels 100’ beam and over 647 20.87 59.74 Vessels 900 ́ length and over 118 3.81 10.90 Booking Slots: Available Used Percentage Large Vessels (beam 91' and over) 527* 509* 1 96.58 Regular Vessels (beam less than 91') 248* 224* 1 90.32 Regular Vessels (up to 300' in length) 9 8 88.89 Auctioned booking slots 31 25 80.65 *Does not include additional auctioned booking slots ¹ Includes booked transits only 3. The following page provides the scheduled locks maintenance work and other items of interest to the shipping community. 4. This advisory will be canceled for record purposes on April 30, 2015. ORIGINAL SIGNED Nicolás A. Solano B. Acting Executive Vice President for Operations 3654 (OPXI) V. 4-2-2015 OP, April 7, 2015 Subject: Monthly Canal Operations Summary – MARCH 2015 SCHEDULE OF LOCKS MAINTENANCE OUTAGES Date s Days/Hrs Miraflores Pedro Miguel Gatun Estimated Capacity Status 24 Ago - 4 Sept, 2015 12 days West Lane 24-26 Tentative 1 The normal transit capacity of the Panama Canal is 38-40 vessels per day, depending on vessel mix and other factors. This capacity is reduced during locks maintenance work, as indicated in the above table. Consequently, vessels may experience delays in transiting. Normally, during these periods, the Panama Canal Transit Reservation System slots are fully utilized. Whenever a set of locks requires a major outage of one of its two lanes for dry chamber inspection, miter gate repairs, tow track work or other major maintenance/improvement projects, advantage may be taken of this requirement to perform simultaneous single lane outages for additional maintenance at other locks. Panama Canal Authority Recognized for Fifth Consecutive Year as 2015 World's Most Ethical Company For the fifth straight year, the Panama Canal Authority (ACP) has been selected by the Ethisphere Institute, a research organization committed to advancing the standards of ethical business practices, as a 2015 World's Most Ethical Company. The ACP is privileged to have received this award, which recognizes organizations that continue to seek out and execute leading ethical corporate best practices. "The ACP is truly honored to be recognized with this award, especially as it nears the completion of its Expansion Program, the largest project at the Canal since its original cons