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Panamax news

 
 

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.

 
 
 
 
 

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.