ADVISORIES ARE AVAILABLE AT http://www.pancanal.com FOR ETAS OR DIRECT COMMUNICATION WITH OUR OFFICES, REFER TO NOTICE N-3-2021 Panama Canal Authority Vice Presidency for Operations Advisory to Shipping No. A-01-2022 January 6, 2022 TO : All Shipping Agents, Owners, and Operators SUBJECT: Monthly Canal Operations Summary – DECEMBER 2021 1. Panama Canal Statistical Summary: a. Transit Pilot Force ................................................................................................... ........................257 b. Pilots in Training ................................................................................................... ........................32 c. Tugs ...................................................................................................... ........................46 d. Locomotives .................................................................................................... ........................100 2. Traffic Statistics: Daily Average High Low Arrivals 36.65 52 21 Oceangoing Transits 38.06 43 34 Canal Waters Time (hours) 43.65 79.71 25.73 In-Transit Time (hours) 10.88 12.77 9.65 Oceangoing Transits: Total Daily Average Percentage Vessels of less than 91’ beam 224 7.23 18.98 Vessels 91’ beam to under 107’ beam 664 21.42 56.27 Neopanamax Vessels (107’ beam and over) 292 9.42 24.75 Total: 1,180 38.06 100.00 Booking Slots: Available Used Percentage Neopanamax Vessels (107’ beam and Over) 248* 231* 1 93.15 Large Vessels (91’ beam to under 107’ beam) 403* 379* 1 94.04 Regular Vessels (less than 91' beam) 186* 165* 1 88.71 Regular Vessels (up to 300' in length) 0 0 0 Auctioned booking slots 112 82 73.21 * 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 January 31, 2022. ORIGINAL SIGNED Ilya R. Espino de Marotta Deputy Administrator and Vice President for Operations 3654 (OP-I) V. 1/10/2020 OP, January 6, 2022 Subject: Monthly Canal Operations Summary – DECEMBER 2021 SCHEDULE OF PANAMAX LOCKS MAINTENANCE OUTAGES Dates Duration Miraflores Pedro Miguel Gatun Estimated Capacity^ Expected Booking Condition Status December 14, 2021 4 hours West* 30-32 1.a Completed December 20, 2021 12 hours West* 25-27 1.a Completed December 20, 2021 12 hours East* 26-28 1.a Completed December 27, 2021 12 hours East* 26-28 1.a Completed December 27, 2021 4 hours West* 30-32 1.a Completed January 3 and 4, 2022 5 hours per day East* 30-32 1.a Completed January 6, 2022 8 hours East* 28-30 1.a Confirmed January 17 and 18, 2022 4 hours per day West* 30-32 1.a Tentative February 8 and 9, 2022 5 hours per day East* 30-32 1.a Tentative SCHEDULE OF NEOPANAMAX LOCKS MAINTENANCE OUTAGES Dates Duration Agua Clara Cocolí Estimated Capacity Expected Booking Condition Status February 15, 2022 5 hours * 8-9 Tentative March 15, 2022 6 hours * 6-8 ^^ 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 experience delays in transiting. When the P