Cosco and Nippon Yusen’s fleets include oil tankers, container ships and other vessels. capable of servicing Panamax vessels weighed 600-800 t, had lift heights of approximately 25 m above the wharf, outreaches of around 35 m, and wheel gages of 15.24 m. Modern jumbo cranes weigh 1300-1800 t, have lifting heights of 35 m to 42 m above the wharf, and have outreaches of over 60 m. Now that the Dual Hoist Tandem Vessels at Brazilian ports may have to wait as long as 50 days to load, Siegfried Falk, co-editor of Oil World, a Hamburg-based forecasting service for oilseed crops, said Feb. 14. FFAs for the second quarter gained 14 percent from the start of this year, tracking a 22 percent advance in charter rates, according to the Baltic Exchange, which publishes prices for the swaps and shipping rates on more than 50 maritime routes. The grain harvest in South America is looking much better, and that will certainly have an impact.”. The vessel PANAMAX ENERGY (IMO: 9153094, MMSI 636020217) is a Bulk Carrier built in 1998 (22 years old) and currently sailing under the flag of Liberia. As of 12:47 p.m., the shares rose 4.1 percent, the most since Jan. 29, to $3.78. Search by name, IMO or MMSI numbers, flag state, length and vessel type. The company with the largest weighting in the index, Hong Kong-based Pacific Basin Shipping Ltd., will earn $39 million, the average of 19 estimates shows. As you can probably guess by its name, Panamax vessels cater in the region of Panama, and more specifically in the Panama Canal. The larger dry cargo vessels, Baby Capes, mainly transport iron ore and coal, while the Post Panamax and Panamax vessels also carry grains. Earnings from the ships hauling about 75,000 metric tons of soybeans and grains will rise to an average of $9,000 a day in the second quarter from $6,732 now, according to New York-based Morgan Stanley. Supply of Panamaxes, the largest ships to navigate the Panama Canal, will increase by another 13 percent this year, more than three times faster than trade in iron ore, coal and grains, according to data from London-based Clarkson Plc. The first post-Panamax ship was the RMS Queen Mary, launched in 1934, built with a 118-foot beam as she was intended solely for North Atlantic passenger runs. Traders can profit by purchasing shipping swaps called Forward Freight Agreements, which currently anticipate rates of $8,690 for the same period. Panamax Vessels. The number of Panamax vessels was relatively stable prior to 2007, but higher ocean freight rates from 2004 to 2008 encouraged vessel owners to order more newly-built vessels. Any good news on the demand side is very good, because the market will still suffer this year from excess supply.”. The Port of Long Beach is a medium port in United States. Tokyo-based Nippon Yusen K.K., the second-largest, will earn $53.3 million, 14 estimates show. OUR FLEET: Owners fleet: 8. Benefit from data recorded in the ship wiki and share your knowledge with the community. Tianjin, China-based China Cosco Holdings Co., the biggest owner of Panamaxes, will narrow its net loss this year to $184.7 million from $1.03 billion in 2012, according to the average of as many as 28 analyst estimates compiled by Bloomberg. “It looks quite good from a rate perspective, even though it’s low now.”. The first official post-panamax container vessel to pass westbound through the canal’s enlarged lock chambers will be the 9,443 teu Cosco Shipping Panama (renamed for … Diana Shipping, a dry bulk shipping company, has signed an agreement to sell the 2001-built Panamax dry bulk vessel “Oceanis” to an unnamed buyer. Handysize to Panamax vessel. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, jumped 155 points, or about 9.7%, to 1,761, its highest since mid-October last year. Star Bulk is a global ship manager of seaborne transportation that provides worldwide sustainable solutions in the dry bulk sector, transporting both major and minor bulks such as iron ore, coal, grain, bauxite, fertilizers and steel products. We have been operating in this market since the early 1970s. Support Vessel Fleet. Handysize to Panamax vessel. Owners fleet: 8. A Panamax cargo ship would typically have a deadweight between 65000 and 80000 mts. Furthermore, most of our long-term chartered ships are ‘eco’ types. We are here to connect or facilitate connect between buyers and sellers, brokers and buyers, brokers and sellers. The glut of grain-carrying Panamax ships is so great that even record cargoes from South America and a 34 percent surge in freight rates will be insufficient to halt five quarters of unprofitable charters. Navios' combination of experience, financial expertise and stability make the company a preferred market partner for ship owners. Long Beach's LOCODE is USLGB. “Last year was a disaster because of the U.S. drought, whereas now we expect to see a pickup because South America should have a very strong season,” said Herman Hildan, an analyst at RS Platou Markets AS in Oslo. Visit Navios Maritime Acquisition Corporation website. Visit Navios South American Logistics Inc. website. The vessel MP PANAMAX 4 (IMO: 9109495, MMSI 419001004) is a Bulk Carrier built in 1995 (26 years old) and currently sailing under the flag of India. Ship owners value Navios' proactive, partnership approach of commercially operating their vessels, crews and cargoes with safety as a foremost consideration. Furman products allow audio and video equipment to perform at optimal levels. One of the most important ships’ agency at the Panama Canal, Panamax Agency Corp. provides their clients with the most up-to-date information about Canal conditions, expedites ships transits by virtue of having an experienced staff on duty 24 hours per day, renders final invoices within 15 days of a vessel’s sailing plus many other services that a ship owner or operator may require. The first post-Panamax warships were th… The Supramax and Handysize vessels additionally transport steel, cement, sugar, fertilizers and other types of cargo. The Athens-based company’s shares plunged 52 percent to $3.63 in the past year and will rebound to $4.49 within 12 months, according to the average of five analyst estimates compiled by Bloomberg. See below for a live map of ship positions in Long Beach, schedules for vessels arriving (port calls), the list of ships currently in port, a company register and a local weather forecast. The current position of PANAMAX ENERGY is at South East Asia (coordinates 22.49517 N / 91.696 E) reported 78 days ago by AIS.. The container ship was the first vessel to travel through the expanded Panama Canal. In case of your interest we will check with the new owners possibility to develop the vessel for sale. 34-38 DWT Handysize Vessels. Shippers will have a harder time eking out gains because bank estimates and derivatives are below $11,000, the approximate amount owners need to pay running expenses and debt, according to Pareto Securities AS. This expansion project has opened up a new shipping lane for larger, Neo-Panamax vessels. Safe Bulkers is avoiding the slump because it leased out vessels on long-term contracts that don’t fluctuate as much as day-to-day charter rates, according to Natasha Boyden, an analyst at Global Hunter Securities LLC in New Orleans who has covered the industry for 12 years and recommends buying the shares. The fleet expanded 13 percent to 171.8 million deadweight tons in the past year, according to data from IHS Inc., an Englewood, Colorado-based researcher. Port information We cover all sectors of this market acting on behalf of both Ship Owners and Cargo interests. Very large bulk and ore carriers fall into the capesize category but are often considered separately. Handysize to Panamax vessel. 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