The Panama Canal Authority (PCA) has introduced the NetZero Slot, a dedicated weekly transit slot for Neopanamax vessels that meet specific low-carbon requirements. This initiative aligns with the PCA’s commitment to decarbonisation and aims to support global shipping’s transition to net-zero emissions by 2050.
Key Details:
- Starting Date: October 5, 2025
- Vessel Type application: Neopanamax
- Availability: One slot per week at the opening of Period 1A
- Benefits:
– Choice of transit date within the allocated week
– Guaranteed 24-hour transit time
– Just-In-Time (JIT) service included
Eligibility Requirements:
Phase 1 (Starting October 2025):
- Vessels must be dual-fuel ready and capable of operating on at least one fuel with a well-to-wake (WtW) carbon intensity below 75 gCO2(e)/MJ.
- Fuel compliance verified through supplier certification.
- Common eligible fuels include:
Phase 2 (Starting 2026):
- Additional requirement: Vessels must submit a Technology Screening Report evaluating energy efficiency technologies.
Selection Criteria:
- Cargo Condition: Priority given to laden vessels.
- Capacity: Larger Panama Canal Universal Measurement System (PCUMS) capacity vessels receive preference.
The NetZero Slot is designed to reward investments in energy efficiency and low-carbon fuels, reinforcing the PCA’s efforts to promote sustainable maritime operations.
For further details or enquiries, please contact Panama.ISSOPS@iss-shipping.com or +507 279 4110 / +507 6673 8417.