(gCaptain) – A week after a Panamax container ship became the first vessel of its size to successfully transit the Arctic, another Chinese shipping operator dispatched a second Panamax box carrier.
Since 2006, the average container ship has doubled in size to 4,580 TEU and ships with a capacity of more than 12,000 TEU has accounted for 51% of the fleet’s capacity expansion. Today, just 626 ships ...
Shipping giant AP Moller-Maersk has ordered 26 LNG dual-fuelled post-panamax container ships worth around $5.1bn as it steps up its fleet renewal programme. The world’s second-largest liner company ...
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After Pacific market strength that has exceeded seasonal norms, Panamax earnings are set to rebalance as a rise in ships discharging in China boosts supply in the Pacific, and strength in Capesize and ...
PANAMA CITY (Reuters) - The Panama Canal will expand restrictions on the largest ships crossing the waterway, one of the world's busiest trade passages, the canal authority's administrator said on ...
Athens based Bluepool Panamax, a dry bulk shipping pool, is continuing to beat the benchmark Baltic Panamax Index (BPI) and is growing. Since its launch in April 2022, vessels entered in the pool have ...
Russia’s main Arctic shipping route is slated to see its first Panamax container vessel this year. The 4,890-TEU box ship, Flying Fish 1, received a permit to transit the country’s Northern Sea Route ...
On Monday, Houthi forces continued their campaign against Red Sea shipping with the launch of two ballistic missiles at a Liberian-flagged merchant ship. U.S. forces responded by destroying 18 Houthi ...