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-26-2016 May 17, 2016 TO : All Shipping Agents, Owners, and Operators SUBJECT: Maximum Draft for Neopanamax Locks The Panama Canal Authority (ACP) announces that beginning June 27, 2016, the maximum allowable draft for vessels transiting the new Neopanamax locks will be 12.80 meters (42.0 feet) Tropical Fresh Water (TFW). This draft limitation is based on Gatun Lake level projections and weather forecast for the upcoming weeks. An updated draft limitation will be announced at least 4 four weeks prior to the opening of the new locks in order to provide our customers with sufficient time to adjust. ORIGINAL SIGNED Esteban G. Sáenz Executive Vice President for Operations