Panamax news

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.

The Baltic Exchange’s main sea freight index has fallen for a 10th-straight session with capesize vessel rates nearing a 6 month low.

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.

Diana Shipping Inc. has announced that it has signed a Memorandum of Agreement to sell the 2005-built vessel ‘Clio’ to an unaffiliated third party.