The Panama Canal is easing vessel draft and transit restrictions after improved rainfall and water-saving measures stabilised conditions in its drought-sensitive watershed.
The Panama Canal Authority has immediately raised the maximum authorised draft for vessels using the Neopanamax locks to 49 feet (14.94 metres), from 48 feet.
Daily Neopanamax transits will also increase from nine to 10 from 15 October, lifting total daily capacity across the Neopanamax and Panamax locks to 33 vessels.
The changes reverse restrictions introduced earlier this year as below-average rainfall and an emerging El Niño threatened Gatun Lake levels.
The Canal had cut Neopanamax draft limits to 48 feet and reduced daily transit capacity amid concerns over water availability.
Officials said recent rainfall was close to historical averages, while water-saving measures have helped conserve freshwater.
However, they warned that the watershed remains in deficit and said restrictions could be adjusted again depending on rainfall and lake levels.
Vessels must still use the Transit Reservation System to guarantee a transit date, with ships arriving without reservations potentially facing delays.
The easing offers some relief to shipowners as disruptions around the Red Sea, Suez Canal and Strait of Hormuz continue to put pressure on global shipping routes and increase demand for alternative passages.