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Panamax news

 
 
 

Baltic index slips as capesize rates fall

The Baltic Exchange’s main sea freight index has fallen, as a drop in rates for capesize vessels outweighed a rise in other vessel segments.

 
 

Castor Maritime announces vessel acquisition

Castor Maritime Inc. has entered into an agreement to purchase a 2005 Japan built Panamax dry bulk carrier for a purchase price of US$10.2 million.