Tag: panamax vessels

Work is underway on Peel Ports' 300M Liverpool2 project at the Royal Seaforth Container Terminal which is on target to host large post-Panamax ships, accommodating two vessels of up to 13 500TEU at a time

The expansion is scheduled for completion in 2015 - Posta Panamax vessels will enter US ports The U.S. Department of Transportation's Maritime Administration (MARAD) has released a study on shipping patterns and industry costs that will help the United States prepare for the anticipated impact on its ports, waterways and intermodal freight systems from the Panama Canal expansion. The expansion of the Panama Canal, scheduled for completion in 2015, will give much larger vessels, called "Post Panamax" vessels, greater access to the U.S. ports on the East and Gulf coasts."America's ports keep our economy moving," saidU.S. Transportation Secretary Anthony Foxx."This study can serve as a compass to guide our port investments in the Post Panamax world so our nation's ports can accommodate larger vessels and help maintain our global competiveness."The Panama Canal Expansion Study, the first of a two-part study, found the integration of Post-Panamax vessels into U.S. trade lanes will have substantial implications for the nation's shippers, ports and surface freight corridors, particularly along the East Coast, Gulf Coast and inland states located east of the Mississippi River. In addition, more cost-effective service generated by the larger vessels could improve the ability of some U.S. exports, like grain, coal, ...

Panama Canal Authority Advisory to Shipping No. A-20-2013 The Panama Canal Authority (ACP) reminds that vessels arriving at Canal waters, whether for docking or transiting the Panama Canal, must comply with vessel requirements as follows:Faximum LengthThe maximum length overall including bulbous bow for commercial or non-commercial vessels acceptable for regular transit is 366 meters. Vessels transiting the Canal for the first time, whether newly-constructed or newly-modified, are subject to inspection and prior review and approval of vessel plans. Vessels not receiving advance approval and/or not in compliance with Canal requirements may experience delays or denial of transitThe maximum length for integrated tug-barge (ITB) combination acceptable for regular transit is 366 meters overall, including the tug. A tug-barge combination must transit together as one unit with the tug supplying propelling power.The maximum aggregate overall length for non-self-propelled vessels acceptable for transit is 305 meters, including accompanying tugs. Accompanying tugs must lock through with the non-self-propelled vessel. One time only transits that exceed these limitations may be permitted on a case-by-case basis with prior approval of the Executive Manager for Transit Operations, and subject to requirements listed in Section 2.k(9), of the OP's Notice to Shipping No. N-1-2013 (Rev 1),"Vessel Requirements."Maximum BeamThe ...

Vessel requirements for New Panamax in Panama Canal. Panama Canal Authority issues Advisory to Shipping

Baltic index drops as panamax rates weaken

Lack of firm cargoes pressure Panamax coal freight rates

Panama Canal expansion to benefit The new deeper, wider Panama Canal will make little difference to the flow of world coal trade from exporters in the Americas to big Asian clients.Even when the work is finished in 2014 it is likely to still be as cheap to take ships around the Cape of Good Hope, as rates are expected to stay depressed, and the improvements to the Canal will still not be enough to let the biggest coal ships through.Coal traders had expected the canal expansion to boost coal traffic from Colombia to Asia using smaller panamax vessels.But exporters are likely to cut costs by going around South Africa's Cape of Good Hope using larger 180,000 deadweight tonne (dwt) capesize vessels, used mostly for iron ore and coal."The canal expansion is largely irrelevant to the flow of coal to Asia especially while capesize freight rates remain so low," said one of Colombia's biggest coal exporters on condition of anonymity."Currently and for the foreseeable future, it makes sense to be shipping from Colombia to China in capes and going around Cape Horn."The expanded canal will also be geared towards containerised shipping -- transporting consumer goods, manufacturing components -- rather than for ...