Tag: panamax vessels

Based on the present and projected level of Gatun Lake, the Panama Canal Authority (ACP) announces an additional booking slot in the Neopanamax Locks during Booking Period 2 for booking dates beginning August 5, 2024.

According to news, the Panama Canal will permit more ships to pass through daily, attributed to indications of improving water levels amid the ongoing drought conditions.

Kawasaki Kisen Kaisha (“K” LINE) and NIHON SHIPYARD CO., (NSY) have entered into a contract for the construction of three post-Panamax bulkers which NSY had newly developed and designed as next-generation, environmentally friendly ships.

Through Advisory to Shipping No. A-54-2023, the Panama Canal announced that it will increase the number of daily transits to 24 starting in January, for the benefit of its customers.

A temporary measure has been adopted by the Panama Canal Authority (ACP) to provide one special auction slot for boats that are waiting to travel through the channel.

According to CNBC, the Panama Canal Authority (PCA) is advising consumers that its latest conservation efforts to preserve water would entail reducing the number of daily transits, mostly in its Panamax locks, to 32 to 30 transits per day, down from 36 to 34 transits per day.

After a severe drought affecting the Panama Canal, the Canal is forcing container vessels to lighten their loads in order to reduce their draft. 

ZIM Integrated Shipping Services on 19th April, held the naming ceremony of two 15,000 TEU LNG-powered containerships, under the agreement with Seaspan Corporation .

The dredging of the waterway to handle Neo-Panamax vessels has been finished, as Mariel Container Terminal (TCM) announced earlier this week. 

Baltic Exchange’s main sea freight index posted its biggest monthly percentage gain in five months, supported by higher rates across vessel segments.