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Panamax news

Panama Canal secures steady draft

The Panama Canal has now emerged from its dry season equipped to ensure a competitive draft, and thus steady operations for months to come.

 
 
 
 
 

BIMCO releases report on the smaller dry bulk segments

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.

 
 
 

Higher rates for smaller vessels lift Baltic index

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.