The Panama Canal Authority implements new restrictions. These measures take effect on July 25, 2026. Low water levels prompt the Authority to reduce daily booking slots for transit. This reduction is expected to tighten capacity. It will also increase competition for available passages. The Authority's action responds to present and projected water levels in Gatun Lake. A potential El Niño weather pattern exacerbates these levels.
Major ocean carriers are responding to these operational constraints. Shipping line CMA CGM is increasing its Panama Canal Surcharge to $100 per TEU. This surcharge is also effective July 25, 2026. Carriers state these fees cover increased operational costs linked to the waterway's water level issues. These combined events will likely impact global shipping company scheduling. They will also increase costs for these companies.