Pan (Grab-and-Drag) Tool

The Pan (Grab-and-Drag) command selects the Pan tool as the current tool.

To change the center point of the image without changing the magnification, depress the left mouse button, drag the view to the desired location, then release the left mouse button to redraw the view at the new location.

If you just want to recenter on a new location without dragging, just click the left mouse button at the new desired location and the view will be recentered on that location (this provides the functionality of the old Recenter Tool).