Panamax news

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 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 Inc. has announced that it has entered into a time charter contract with Louis Dreyfus Co. Freight Asia Pte. Ltd.

The Baltic Exchange's most recent data has shown rising optimism across capesize, panamax, handysize, ultramax and supramax vessels.

The Baltic Exchange has reported a steady decline for the panamax market but a modest resurgence elsewhere among dry bulk shipping classes.

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 and Transportation Ltd. has announced that it has entered into a memorandum of agreement for the acquisition of a panamax vessel.

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.

The Baltic Exchange has released its latest update on the dry bulk shipping market for the week ending 16 February 2024.

EuroDry Ltd., an owner and operator of dry bulk vessels and provider of seaborne transportation for dry bulk cargoes, has announced its results for the three and twelve-month periods ended 31 December 2023.