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-3-2018 ADVISORY TO SHIPPING No. A-20-2018 June 6, 2018 TO : All Shipping Agents, Owners, and Operators SUBJECT: Monthly Canal Operations Summary – MAY 2018 1. Panama Canal Statistical Summary: a. Transit Pilot Force .............................................................................................................. 266 b. Pilots in Training .............................................................................................................. 16 c. Tugs .............................................................................................................. 46 d. Locomotives .............................................................................................................. 100 2. Traffic Statistics: Daily Average High Low Arrivals 34.71 53 25 Oceangoing Transits 34.48 40 29 Canal Waters Time (hours) 24.97 40.10 18.53 In-Transit Time (hours) 11.11 13.28 9.11 Oceangoing Transits: Total Daily Average Percentage Vessels of less than 91’ beam 233 7.52 21.80 Vessels 91’ beam to under 107’ beam 639 20.61 59.77 Neopanamax Vessels (107’ beam and over) 197 6.35 18.43 Total: 1069 34.48 100 Booking Slots: Available Used Percentage Neopanamax Vessels (107’ beam and Over) 242 153 63.22 Large Vessels (91’ beam to under 107’ beam) 448* 378* 1 84.38 Regular Vessels (less than 91' beam) 240* 162* 1 67.50 Regular Vessels (up to 300' in length) 2 2 100.00 Auctioned booking slots 16 10 62.50 * Does not include additional auctioned booking slots ¹ Includes booked transits only 3. The following pages provide the scheduled locks maintenance work, and other items of interest to the shipping community. 4. This advisory will be canceled for record purposes on June 30, 2018. ORIGINAL SIGNED Guillermo Manfredo Executive Vice President for Operations (i) OP, June 6, 2018 Subject: Monthly Canal Operations Summary – MAY 2018 SCHEDULE OF LOCKS MAINTENANCE OUTAGES Dates Duration Miraflores Pedro Miguel Gatun Estimated Capacity^ Expected Booking Condition^ Status 21 May 2018 12 hours West Lane* 26-28 1.a Completed 29-31 May 2018 2.5 days West Lane** 22-24 2 Completed 30 May 2018 17 hours East Lane* 22-24 2 Completed 9, 10 June 2018 8 hours per day East/West Lane* 30-32 1.a Confirmed 11-18 June 2018 8 days Center Wall *** 28-30 1.a Confirmed 19, 20 June 2018 8 hours per day East/West Lane* 30-32 1.a Confirmed 20 July 2018 8 hours West Lane* 30-32 1.a Tentative 23, 24 July 4 hours per day East Lane* 32-34 1 Tentative 26, 27 July 5 hours per day West Lane* 32-34 1 Tentative 14-23 August 2018 10 days West Lane** 22-24 2 Tentative 13-14 September 2018 2 days East Lane** 22-24 2 Tentative The normal transit capacity of the Panamax locks is 34-36 vessels per day, depending on vessel mix, neopanamax transits, and other factors. This capacity is reduced during locks maintenance work, as indicated in the above table. Consequently, vessels may experience delays in transiting. When the Panama Canal’s capacity is expected to be reduced, a corresponding reduction in the number of available reserved transit slots may be ordered by the Canal Authority. 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