In order to accommodate unseasonably high demand, the Panama Canal Authority (ACP) has taken a number of steps to expedite traffic and decrease Canal Waters Time (CWT). For example, the ACP has postponed non-critical maintenance work, modified bookings and assigned additional operations personnel. As a result, the Canal has made steady progress.
The current wait time for transiting ships has been reduced by 60 percent from its high and is now four days or less. Moreover, the number of ships awaiting transit has been cut by 40 percent from its recent high in October. As mentioned, the ACP will continue to address this issue in order to provide the efficient and reliable service that customers have come to expect from the Panama Canal.
About the Panama Canal
The Panama Canal is run by an autonomous agency of the Government of Panama in charge of managing, operating and maintaining the Panama Canal. The operation of the Panama Canal Authority (ACP) is based on its organic law and the regulations approved by its Board of Directors.