MARITIME BULK CARRIERS
Increased precipitation and water conservation efforts have prompted the Panama Canal Authority to expand daily vessel transits and allowable drafts.
20d ago
Panamax / Kamsarmax market
Panamax and Kamsarmax tonnage of roughly 65,000–100,000 dwt, widely employed in coal and grain trades.
Typical size range: 65,000–100,000 dwt
Panama Canal Relaxes Transit and Draft Limits Following Rainfall
Ilya Espino de Marotta Takes Office as Panama Canal Administrator
Ilya Espino de Marotta has assumed the leadership of the Panama Canal Authority, becoming the first woman to hold the position of Administrator.
41d ago
Ilya Espino de Marotta Assumes Leadership of Panama Canal
The Panama Canal has inaugurated its first female administrator, an engineer with over four decades of service who now confronts ongoing freshwater management challenges.
41d ago
Drought Conditions Restrict Operations Across Critical Maritime Chokepoints
Depleted water levels driven by weather patterns are adding fresh logistical constraints to global trade routes and energy markets.
41d ago
Ilya Espino de Marotta Assumes Leadership of Panama Canal Authority
The Panama Canal Authority has installed Ilya Espino de Marotta as its new Administrator, with a major water supply project positioned as her foremost priority.
41d ago
Dorian LPG Contracts Three Dual-Fuel VLGCs at Hanwha Ocean
The Connecticut-based shipowner has signed a $345 million deal for three 90,000 cbm gas carriers delivering across 2030.
41d ago
New Panama Canal Administrator Takes Office with Water and Expansion Priorities in Focus
Ilya Espino de Marotta has assumed leadership of the Panama Canal Authority, becoming the first woman to head the waterway as infrastructure and water security take center stage.
41d ago
Panama Canal Defers Planned October Neopanamax Draught Reductions
Better-than-anticipated water levels prompt the waterway authority to postpone further draught restrictions for Neopanamax locks despite ongoing transit slot curbs.
42d ago
Panama Canal Delays Imposition of Stricter Draft Restrictions
Water levels in Gatun Lake and updated meteorological forecasts have prompted the Panama Canal Authority to push back planned reductions to vessel draft limits.
42d ago
Panama Canal Postpones Scheduled Neopanamax Draft Restrictions
The Panama Canal Authority has delayed upcoming draft reductions for Neopanamax vessels as Gatun Lake water levels hold above earlier forecasts, though daily transit numbers face adjustments.
42d ago
Panama Canal Holds Neopanamax Draft at 48 Feet, Postpones Planned Reduction
The Panama Canal Authority has deferred a scheduled reduction in the maximum authorized draft for the Neopanamax locks, maintaining current transit limits.
42d ago
Panama Canal Postpones Planned October Draft Restrictions on Neopanamax Locks
The canal administration has suspended an impending draft cut for Neopanamax locks, providing near-term operational relief to vessel operators.
44d ago
CSSC Shipping Orders 10 Bulkers in $481m Expansion
Hong Kong-listed lessor CSSC Shipping commits $481 million to construct ten 80,000 dwt dry bulk vessels across domestic shipyards.
47d ago
Strengthening El Niño Escalates Operational Concerns for Panama Canal
Forecasters project a high probability of a severe weather pattern this fall and winter, compounding transit worries along the critical waterway.
47d ago
Panama Canal Modifies Transit Booking System Amid Strong Demand
Operators can now secure multiple transit slots on the same date, though draught and transit limits remain active.
47d ago
Solar Surpasses Coal as China's Largest Power Capacity Source
National Energy Administration data shows solar installations reached 1,286 GW at the end of July, representing 31.5% of China's total generation capacity.
48d ago
Panamax market steadies as East Coast South America grain programme builds
A fuller line-up of grain stems from the River Plate is supporting Panamax employment out of South America.
Panamax50d ago· Jonas Berg
Owner confirms dual-fuel Kamsarmax newbuilding series
The order adds fuel-flexible tonnage to a fleet renewal programme aimed at improving carbon intensity performance.
Shipowners & Fleet51d ago· Mei Lin Chow
Coal trade flows shift towards regional buyers
Changing procurement patterns are reshaping voyage lengths in the seaborne thermal coal trade.
Coal Shipping52d ago· Priya Nair