AUTORIDAD DEL CANAL DE PANAMÁ EXECUTIVE VICE PRESIDENCY FOR OPERATIONS 3654-A (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-3-2016 ADVISORY TO SHIPPING No. A-37-2016 June 21, 2016 TO : All Shipping Agents, Owners, and Operators SUBJECT: Panama Canal Expansion Inaugural Date and the Transit Reservation System June 26, 2016 will mark a new beginning for the Panama Canal and its mission of providing service to world trade, with the inauguration of its Third Set of Locks. As has been published extensively through different media, there will be several events during this historic day, many of which involve the first transit through the new Locks of Agua Clara and Cocolí, of the M/V Cosco Shipping Panama. In order to successfully carry out all the ceremonial activities programmed for this extraordinary day, but at the same time remain committed to our goal of providing a safe and efficient service to all our clients, a decision has been made to modify the condition for the Transit Reservation System for June 26, 2016. Therefore, and in accordance with the rules governing the Transit Reservation System (OP’s Notice to Shipping No. N-7-2016), Condition 1.a will be in effect on Sunday, June 26, 2016. Applications for reserved transits while Condition 1.a is in effect will be received beginning at 0900 hours on Thursday, June 23, 2016. Please take note that the booking slot available through the auction process will not be available for Sunday, June 26, 2016. ORIGINAL SIGNED Esteban G. Sáenz Executive Vice President for Operations