AUTORIDAD DEL CANAL DE PANAMÁ VICE PRESIDENCY FOR TRANSIT BUSINESS 3654-A (NTXI) V. 8-1-2019 ADVISORIES ARE AVAILABLE AT http://www.pancanal.com FOR ETAS OR DIRECT COMMUNICATION WITH OUR OFFICES, REFER TO NOTICE N-3-2020 ADVISORY TO SHIPPING No. A-07-2020 March 2, 2020 TO : All Shipping Agents, Owners, and Operators SUBJECT: First Update of the Maximum Authorized Draft for Neopanamax Locks Based on the present and projected level of Gatun Lake for the upcoming weeks, the Panama Canal Authority (ACP) announces that, effective March 30, 2020, the Maximum Authorized Draft for vessels transiting the Neopanamax locks will be 13.87 m (45.5 feet) Tropical Fresh Water (TFW). Vessels arriving after March 30, 2020, with drafts over 13.87 m (45.5 feet) TFW may be allowed to transit, depending on the actual level of Gatun Lake at the time of transit. Otherwise, they will be required to trim or off-load cargo in order to be allowed to transit. Draft adjustments will be announced in 6-inch (15.24 cm) increments/decrements, generally with at least four weeks advance notice. The ACP will continue to monitor the level of Gatun Lake in order to announce future draft adjustments in a timely manner. ORIGINAL SIGNED Ilya R. Espino de Marotta Acting Vice President for Transit Business