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Panama Canal Launches LoTSA 2.0 To Revolutionise Transit Planning

Panama Canal Launches LoTSA 2.0 To Revolutionise Transit Planning

Marine Insight
Panama Canal Launches LoTSA 2.0 To Revolutionise Transit Planning
Panama Canal
Image Credits: Panama Canal/Facebook

The Panama Canal Authority today announced the launch of LoTSA 2.0, the next generation of the Long-Term Slot Allocation program, designed to redefine how maritime customers plan their transits. Building on the success of LoTSA 1.0, this new program introduces a more advanced, customer-focused strategy to enhance transit planning.

LoTSA 2.0 packages will transition from a 12-month horizon to a more agile 6-month offering, divided into two 6-month cycles. By shortening the commitment window, customers can better align their transit planning with market conditions, seasonal fluctuations, and fleet deployment strategies.

The Panama Canal has refined the model by adjusting the average daily slots from 4 to 3 to offer a more balanced allocation and by introducing new service attributes to attract and retain customers.

With segmented packages such FixContainer, FlexContainer, FixGas, FlexGas, FlexGas+, and FlexSlot+, customers can choose the plan that best fits their fleet dynamics and business goals—whether they require guaranteed certainty or a higher

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