Panamax news

Following the mandatory countrywide lockdown announced by the Panamanian government to combat the COVID-19 pandemic, the Panama Canal has adopted new measures to guarantee the continuity of its operation.

Diana Shipping Inc. has announced a time charter contract with SwissMarine Pte Ltd, Singapore, for one of its post-panamax dry bulk vessels, the m/v Amphitrite.

Reuters has reported how the Baltic Exchange’s main sea freight index has recently hit its highest in more than a month.

BIMCO has recently released a report on how the fundamental balance will continue to deteriorate in 2020, offering little support to operators hoping to pass on higher fuel costs, caused by the sulfur cap, to shippers.

Reuters has reported how the Baltic Exchange’s main sea freight index recently posted its biggest percentage jump in eight months.

The Panama Canal Authority has announced the first update of the maximum authorised draft for neopanamax locks.

The Baltic Exchange’s main sea freight index has recently edged higher as gains in the Panamax and Supramax vessel segments offset lower capesize rates, Reuters reports.

Diana Shipping Inc. has recently announced a time charter contract for the m/v Coronis with Koch and the cancellation of the sale of the m/v Norfolk.

Coal throughput at Vostochny Port (Russia) rose 5.2% to 25.51 million t in 2019.

Safe Bulkers has extended its partnership with Alfa Laval through a PureSOx service agreement including connectivity.