AGP Executive Report
Last update: 9 hours agoPanama Canal Operations: The Panama Canal Authority is extending its long-term slot allocation for Neo-Panamax locks and launching a first-ever pilot for Panamax locks, with sealed-bid auctions set for November 2026, aiming to give shippers more certainty during the dry season. Water & Climate Resilience: With Gatun Lake levels slightly above the 10-year average, the PCA will add one more daily transit slot in October (33 from 32) and immediately raise the Neopanamax maximum authorized draft to 49 feet, citing preparations for El Niño-driven drought risk. Weather Watch: Panama’s meteorology agency warns of unstable conditions Sunday—downpours, storms, and gusty winds across parts of the Caribbean and Pacific slopes—raising risks of flooding, river overflows, landslides, and street flooding. Conservation & Biodiversity: A new report highlights how Panama’s Cobre Panamá debate continues to hinge on whether the country can negotiate an exit without re-triggering ecological and legal conflicts, as environmental and Indigenous opposition shaped the Supreme Court’s closure decision. Wildlife Connectivity (Regionally): Costa Rica farmers are helping rebuild wildlife corridors by letting native forest regrow and planting native fruit trees, showing how land choices can reconnect habitat.
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