Panama Canal Trims Ship Draft Again on El Niño Fears
Panama Panama Canal Trims Ship Draft Again on El Niño Fears By Andrés Morales · July 24, 2026 · 3 min read Daily Brief The morning intel from across Latin America. The Panama Canal reduced the maximum draft for its larger Neopanamax locks to 49.5 feet (15.09 meters) from July 3. —The next step. It fell further to 49.0 feet effective July 24, with 48.5 feet due from August 15. —The reason.
- ▪Panama Panama Canal Trims Ship Draft Again on El Niño Fears By Andrés Morales · July 24, 2026 · 3 min read Daily Brief The morning intel from across Latin America.
- ▪The Panama Canal reduced the maximum draft for its larger Neopanamax locks to 49.5 feet (15.09 meters) from July 3. —The next step.
- ▪It fell further to 49.0 feet effective July 24, with 48.5 feet due from August 15. —The reason.
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Panama Panama Canal Trims Ship Draft Again on El Niño Fears By Andrés Morales · July 24, 2026 · 3 min read Daily Brief The morning intel from across Latin America. Free. Subscribe By subscribing you agree to our privacy policy. We never share your email. Business Key Facts —The cut. The Panama Canal reduced the maximum draft for its larger Neopanamax locks to 49.5 feet (15.09 meters) from July 3. —The next step. It fell further to 49.0 feet effective July 24, with 48.5 feet due from August 15. —The reason. Water management amid the risk of an El Niño drying out the canal’s watershed. —The goal. To conserve water in Lake Gatún and keep transits flowing if El Niño develops. —The extras. Maintenance at the Gatún Locks temporarily reduced available booking slots.
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