Panamax

Greek shipowners in 2024 in the shipbuilding order sector. In total, they have placed 163 orders with most of them or 88 being for tankers 53.9%.

These include 22 MR2, 19 Suezmax and 17 Aframax/LR2.

They also placed 31 orders for LNG carriers rate 19%. They have placed 27 orders for dry cargo carrier shipbuilding, 16.5% percentage of which 18 are for the Kamsarmax segment.

Castor Maritime added two new ships to its fleet for $ 40 million.

The NASDAQ-listed shipping company based in Cyprus acquired two panamax dry bulk carriers in 2013 and 2014 for $ 19.06 million and $ 21.0 million respectively. The acquisitions are expected to be completed with the delivery of the ships in the third and fourth quarters of this year.

The container-ship market has been showing some significant gains across both earnings and values, particularly in the post-Panamax and new Panamax segments, according to VesselsValue.
In a report issued on Tuesday it argued that the US-China trade war has had a negative impact on vessel demand.

By the time the building permit became valid, Luka Koper had already published the public procurement for the selection of the contractor who will install the test drilling pilots which will carry the upper structure of the quayside. A period of monitoring will then follow before actual construction work, which is expected to start in May 2019.

The European Bank for Reconstruction and Development (EBRD) has said it is boosting the Turkish shipping industry with a $19.5 million loan to a local ship maintenance yard, Tersan Tersanecilik Sanayi ve Ticaret A.Ş in a statement. 

The prices of the most popular dry-bulk carriers, those in the Capesize and Panamax categories, have posted an increase of 20 percent within just one month, which according to shipbrokers Intermodal is an impressive hike. This concerns modern ships that traditionally concentrate the bulk of demand - particularly among Greek shipowners.

The first of two sizable floating docks Cosco has ordered for the ship repair zone of Piraeus Port Authority (OLP) is all ready for transportation to Greece's biggest port.

Depending on the availability of a ship able to transport the 80,000-ton post-panamax dock, it is expected to arrive in late spring or early summer, according to sources from the Chinese group.

The GREEN4SEA Excellence Award was awarded to Capital Ship Management Corp. (‘Capital’) for demonstrating environmental excellence and performance above average.