U.S. Naval Forces Southern Command/U.S. 4th Fleet is hosting the Combined Force Maritime Component Command (CFMCC) portion of the annual exercise PANAMAX from Aug. 3-12. Exercise PANAMAX 2026 is a U.S. Southern Command (SOUTHCOM)-sponsored exercise that provides crucial training opportunities for partner nations to build the capability to plan and conduct complex multinational operations. PANAMAX enables allies and partner nations to advance the development and implementation of standard operating procedures for multinational operations. Under multiple scenarios involving both asymmetric and conventional threats, coalition forces will work together in support of shared regional interests.