Panamax news

Navios Maritime Partners L.P. has reported its financial results for the fourth quarter and year ended 31 December 2023.

Safe Bulkers Inc. has agreed to sell the oldest vessel in its fleet, the 2005-built panamax the m/v Maritsa.

Data from the Baltic Exchange has shown fluctuations in the market with ultramax and supramax vessels seeing the most positive changes.

Castor Maritime Inc. has announced the sales of the M/V Magic Nova and the M/V Magic Horizon for an aggregate price of US$31.9 Million with an expected net gain of US$9.0 Million.

According to the Baltic Exchange the capesize market witnessed a mixed and evolving week with notable fluctuations in different regions.

Diana Shipping Inc. has announced the sale of the m/v Artemis, a 2006-built panamax dry bulk vessel.

According to the Baltic Exchange, dry bulk shipping has seen positive growth in the Atlantic market with some minor decreases seen in South America and the US Gulf.

Diana Shipping Inc. has announced a new time charter contract for the dry bulk panamax vessel ,m/v Maera ,with ST Shipping taking on the vessel.

Kawasaki Kisen Kaisha, Ltd and Nihon Shipyard Co., Ltd have entered into a contract for the construction of three post-panamax bulkers which have been developed and designed as next-generation, environmentally friendly ships.

The Baltic Exchange has reported a decline in charter rates across multiple dry bulk vessel classes with no sign of abating.