Panama Canal Auction Slots for Cancelled Capacity Draw Bids of Up to $4mn　パナマ運河、キャンセル枠3-5に400万ドル応札例

Around 40 Vessels a Day as Hormuz Alternative Drives Congestion, Reallocation via Auction System

ホルムズ代替で1日40隻前後の過密状態、再配分のオークション制度

In the Panama Canal, which has emerged as an alternative route to the Strait of Hormuz, there is a system under which vessels without reservations secure transit slots through auctions, with cancelled reservation slots being reallocated as auctioned capacity. According to the Panama Canal Authority, as many as three to five slots per day may be supplied to the market. Securing transit slots in the Panama Canal is understood to reflect cargo owners’ intentions, but may temporarily increase the cost burden on operators.

■The full article covers the following points (approx. 3,000 words)

→ Cancelled slots reallocated at a rate of three to five per day, functioning as an immediate transit option during periods of tight supply and demand

→ Bid prices in some cases reaching the $4 million range, with price formation closely linked to short-term supply-demand dynamics

→ Daily transits increasing from an assumed 34 vessels to around 40, leaving the canal operating at near full capacity

→ Rising inflows of US Gulf-loaded crude oil and LNG increasing the weight of energy transportation

→ Elevated costs ultimately expected to be passed on to cargo owners, with operators bearing higher burdens in the short term

(The remainder of the article can be read in the full text provided in both English and Japanese. The Japanese article is presented following the English version.)

パナマ運河、キャンセル枠3-5に400万ドル応札例も

ホルムズ代替で1日40隻前後の過密状態、再配分のオークション制度

ホルムズ海峡の代替ルートとして浮上したパナマ運河では、予約を持たない船舶が競売で通航枠を確保する制度があり、キャンセルされた予約枠がオークションとして再配分されている。パナマ運河庁によると、1日当たり3-5枠程度が市場に供給される場合もある。パナマ運河の通航枠確保は荷主の意向とみられるが、一時的にオペレーターのコスト負担は増す可能性がある。

■記事本文では以下の内容を読むことができます（記事全文約3,000文字）

→ キャンセル枠が１日当たり3-5枠再配分、需給逼迫時には即時通航手段として機能

→ 応札額は一部で400万ドル規模に到達、価格形成は短期需給に強く連動

→ 通航隻数は想定34隻から40隻前後へ増加、運河はほぼフル稼働状態

→ 米ガルフ積み原油・LNGの流入増で、エネルギー輸送の比重が上昇

→ 高騰コストは最終的に荷主転嫁見込み、短期的にはオペレーター負担増

（続きは英語と日本語で書かれた本文でお読みください。日本語の記事は英文記事に続いて掲載されています）