Panamax news
Larger vessel rates dip across shipping market
The Baltic Exchange has reported that there has been a noticeable dip in the dry bulk shipping market as larger vessel rates withdraw.
ACP increases slots for panamax locks
The Panamax Canal Authority has announced its plan to increase the number of daily slots available for its panamax locks.
Capesize rates face downturn
The Baltic Exchange has reported that after a positive start to the market, competition has led to strong movements across all shipping vessel classes.
Safe Bulkers announces sale of two dry bulk vessels
Safe Bulkers Inc., has announced that it has entered into two separate agreements for the sale of a post-panamax and a panamax dry bulk vessel.
Diana Shipping announces time charter contract
Diana Shipping Inc. has announced that it has entered into a time charter contract with Louis Dreyfus Co. Freight Asia Pte. Ltd.
Positive growth seen across all dry bulk vessel markets
The Baltic Exchange's most recent data has shown rising optimism across capesize, panamax, handysize, ultramax and supramax vessels.
A modest week for the bulk shipping market
The Baltic Exchange has reported a steady decline for the panamax market but a modest resurgence elsewhere among dry bulk shipping classes.
Castor Maritime sell old kamsarmax
Castor Maritime Inc. has announced the sale of the M/V Magic Nebula for a price of US$16.2 million with an expected net gain of US$2.5 million.
Jinhui Shipping has expanded its fleet with panamax purchase
Jinhui Shipping and Transportation Ltd. has announced that it has entered into a memorandum of agreement for the acquisition of a panamax vessel.
United Maritime reports on fourth quarter and year end results
United Maritime has reported its financial results for the fourth quarter and 12 months ended 31 December 2023 and has declared cash dividend of US$0.075 per share.