[Panamax locks will trial long-term navigation reservations] On October 6, the Panama Canal Authority announced on the 5th that it will allocate long-term navigation quotas in advance from January 3 to April 3, 2027 through the "Long-term Navigation Quota Allocation Plan" and will extend this mechanism from New Panamax locks to Panamax locks for the first time. The announcement stated that the Panamax locks will allocate an average of 3 quotas per day for the trial plan, and the bidding time is November 24, mainly for companies with fixed voyage arrangements, as well as companies that are difficult to obtain regular quotas due to low rankings in the reservation system; the new Panamax locks will continue to use the current "long-term navigation quota allocation plan", retaining an average of 3 long-term navigation quotas per day, and the bidding time is November 17.