AUTORIDAD DEL CANAL DE PANAMÁ 3654 (OPXI) EXECUTIVE VICE PRESIDENCY FOR OPERATIONS v. 3- 2-2011 ADVISORIES ARE AVAILABLE AT http://www.pancanal.com FOR ETAS OR DIRECT COMMUNICATION WITH OUR OFFICES, REFER TO NOTICE N-3-2014 ADVISORY TO SHIPPING No. A-20-2014 September 3, 2014 TO: All Shipping Agents, Owners, and Operators SUBJECT: Monthly Canal Operations Summary – AUGUST 2014 1. Panama Canal Statistical Summary: a. Transit Pilot Force ................................................................................................. 286 b. Pilots in Training ................................................................................................. 6 c. Tugs ................................................................................................. 45 d. Locomotives .................................................................................................. 100 2. Traffic Statistics: Daily Average High Low Arrivals 30.23 44 16 Oceangoing Transits 30.10 36 22 Canal Waters Time (hours) 28.61 39.44 21.09 In-Transit Time (hours) 11.90 14.75 9.79 Oceangoing Transits: Total Daily Average Percentage Vessels of less than 91' beam 255 8.23 27.33 Vessels 91 ́ beam and over 678 21.87 72.67 Total: 933 30.10 100 Vessels 100' beam and over 594 19.16 63.67 Vessels 900' length and over 117 3.77 12.54 Booking Slots: Available Used Percentage Large Vessels (beam 91' and over) 485* 335* 1 69.07 Regular Vessels (beam less than 91') 236* 113* 1 47.88 Regular Vessels (up to 300' in length) 0 0 0.00 Auctioned booking slots 6 5 83.33 *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 September 30, 2014. ORIGINAL SIGNED Esteban G. Sáenz Executive Vice President for Operations AUTORIDAD DEL CANAL DE PANAMÁ 3654 (OPXI) EXECUTIVE VICE PRESIDENCY FOR OPERATIONS v. 28-01-2011 OP, September 3, 2014 Subject: Monthly Canal Operations Summary – AUGUST 2014 SCHEDULE OF LOCKS MAINTENANCE OUTAGES Dates Days/Hrs Miraflores Pedro Miguel Gatun Actual Transits Status Aug 26 - Sep 2, 2014 8 days West Lane 23.5/day Completed Note: Changes in red. 1 The actual transit capacity may vary from day to day and will depend on vessel mix, transit restrictions and type of maintenance work being performed. Normally, during periods of reduced transit capacity, a corresponding reduction in the number of available reserved transit slots is ordered by the Authority. During these periods, non-booked vessels may experience delays in transiting. Whenever a set of locks requires an outage of one of its two lanes, advantage may be taken by performing simultaneous work at other locks. Panama Canal Updates Maersk Line on Expansion Program Within the framework of the centennial celebration, the Panama Canal Administrator Jorge L. Quijano received a Maersk Line delegation led by Søren Skou, CEO of Maersk Liner Business, to provide an update on the Expansion Program and discuss the future trends in the maritime industry. Administrator Quijano updated Maersk executives on the progress of the Expansion Program. He said that the plan is underway to ensure that the new locks will be open for transits in the beginning of 2016. During the visit, the delegations discussed topics of strong mutual interest such as the environment, efficiency of maritime services and economies of scale