# Panama Canal seasonal draft adjustment - MasOceans Shipping Services

> The Panama Canal Authority set a maximum NeoPanamax draft of 15.09m from 1 March 2022, while Panamax lock draft stays at 12.04m. Published waiting times show delays of up to 15 days for Panamax-plus southbound transits.

- Date: 2022-02-03 · published 2022-02-03T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/42610-panama-canal-seasonal-draft-adjustment-masoceans-shipping-services
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher allowable drafts modestly ease loading constraints for grain cargoes through the canal, while waiting times still add cost to US Gulf and Pacific feed shipments.

## Read by commodity

- OCEANFRT: neutral

## Sources

- masoceans.com: https://masoceans.com/panama-canal-seasonal-draft-adjustment/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.