What is the new Panama Canal Adjustment Factor imposed by CMA CGM, and when does it take effect?

CMA CGM will add a Panama Canal Adjustment Factor of $500/TEU for all cargo from Asia to the US Gulf and East coasts, effective 10 September.

Why is the Panama Canal Authority lowering draft limits, and what climate phenomenon is driving this?

The Panama Canal Authority is lowering draft limits at its neopanamax locks beginning 26 August due to lower water levels in Gatun Lake, which are being exacerbated by a strengthening El Niño — a climate pattern characterized by warmer-than-normal sea surface temperatures in the eastern and central tropical Pacific Ocean that reduces rainfall around Panama.

CMA CGM to Add $500/TEU Panama Canal Fee from 10 September Amid Further Draft Limits

Aug 12, 2026

CMA CGM will impose a $500/TEU surcharge on Asia-US cargo starting September 10 due to Panama Canal draft restrictions. Reduced water levels from El Niño necessitate the fee, impacting global supply chains significantly.

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2026-07-28

CMA CGM Expects Demand Strength to Stretch Into Third Quarter

2026-08-12

CMA CGM to Add $500/TEU Panama Canal Fee from 10 September Amid Further Draft Limits

CMA CGM to Add $500/TEU Panama Canal Fee from 10 September Amid Further Draft Limits

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