ADVISORIES ARE AVAILABLE AT http://www.pancanal.com FOR ETAS OR DIRECT COMMUNICATION WITH OUR OFFICES, REFER TO NOTICE N-3-2023 Panama Canal Authority Vice Presidency for Operations Advisory To Shipping No. A-03-2023 February 8, 2023 TO : All Shipping Agents, Owners, and Operators SUBJECT:Monthly Canal Operations Summary – JANUARY 2023 1.Panama Canal Statistical Summary: a.Transit Pilot Force ................................................................................................... ........................279 b.Pilots in Training ................................................................................................... ........................12 c.Tugs ...................................................................................................... ........................46 d.Locomotives .................................................................................................... ........................100 2.Traffic Statistics: Daily Average High Low Arrivals 35.90 47 27 Oceangoing Transits 36.39 41 33 Canal Waters Time (hours) 38.91 66.01 24.47 In-Transit Time (hours) 10.44 12.85 9.40 Oceangoing Transits: Total Daily Average Percentage Vessels of less than 91’ beam 237 7.65 21.01 Vessels 91’ beam to under 107’ beam 630 20.32 55.85 Neopanamax Vessels (107’ beam and over) 261 8.42 23.14 Total: 1,128 36.39 100.00 Booking Slots: Available Used Percentage Neopanamax (vessels of 107’ beam and Over) 239* 214* 1 89.54 Supers (vessels of 91’ beam to under 107’ beam) 403* 383* 1 95.04 Regular Vessels (less than 91' beam) 186* 172* 1 92.47 Auctioned booking slots 167 123 98.40 * 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 February 28, 2023. ORIGINAL SIGNED Ilya R. Espino de Marotta Deputy Administrator and Vice President for Operations 3654 (OP-I) V. 4/01/2023 OP, February 8, 2023 Subject: Monthly Canal Operations Summary – JANUARY 2023 SCHEDULE OF PANAMAX LOCKS MAINTENANCE OUTAGES Dates Duration Miraflores Pedro Miguel Gatun Estimated Capacity^ Expected Booking Condition Status January 12, 2023 5 hours West* 30-32 1.a Completed January 19, 2023 10 hours East* 25-27 1.a Completed February 2, 2023 10 hours West* 25-27 1.a Completed February 8, 2023 4 hours West* 30-32 1.a Tentative February 9, 2023 5 hours West* 30-32 1.a Tentative February 23, 2023 6 hours West* 28-30 1.a Tentative February 15, 2023 4 hours West* 30-32 1.a Tentative February 16, 2023 5 hours West* 30-32 1.a Tentative SCHEDULE OF NEOPANAMAX LOCKS MAINTENANCE OUTAGES Dates Duration Agua Clara Cocolí Estimated Capacity Expected Booking Condition Status January 16, 2023 4 hours * 9-11 1 Completed January 17, 2023 6 hours * 8-10 1 Completed February 6, 2023 4 hours * 9-11 1 Tentative February 7, 2023 5 hours * 9-10 1 Tentative March 6, 2023 4 hours * 9-11 1 Tentative March 7, 2023 5 hours * 9-10 1 Tentative ^The normal transit capacity of the Panamax locks is 34-36 vessels per day, and in the neopanamax locks 9-11 vessels per day, depending on vessel mix, transit restrictions, and other factors. The maximum sustainable capacity of the Panama Canal (panamax and neopanamax locks) is approximately 38-40 vessels per day. This capacity is reduced during locks maintenance work, as indicated in the above table. Consequently, vessels may experienc