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Meanings of panamax in English
We have no meanings for "panamax" in our records yet.
Usage of panamax in English
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Four panamax-sized vessels left Australia for Iran at the end of January.
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We're still seeing a strong volume of fixtures, said a Singapore-based panamax broker on Thursday.
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The panamax index rose five points at 289 points.
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A separate panamax vessel originating in Ukraine was also stuck in Iran for weeks until April.
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The Baltic's panamax index dipped 10 points or 1.32 percent to 747 points.
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The Baltic's panamax index .BPNI, reflecting grains and minerals trade, also has been trading at a 27-month high.
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The 225 metre long Nordic Orion, a panamax-sized ship, has a strengthened bulk to cope with floating ice.
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The 225 metre long Nordic Orion, a panamax-sized ship, has a strengthened hull to cope with floating ice.
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The 225 meter long Nordic Orion, a panamax-sized ship, has a strengthened hull to cope with floating ice.
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The Baltic's panamax index was down 28 points or 3.92 percent at 686 points.
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Each panamax cargo is for 50,000 to 60,000 tonnes.
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Rates in the smaller panamax market will climb next week after increasing to their highest level since the end of March, broker said.
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Freight rates for smaller panamax and supramax ships in Asia will also remain strong with high levels of fixture activity lending support, brokers added.
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The smaller panamax market has remained strong even though Chinese charterers have been absent due to the week-long National Day holiday, ship brokers said.
15
Daily operating costs for panamax vessels are about $7,000 per day, according to estimates from consultant Drewry Maritime Research.
16
The upgrade will allow the terminal to begin loading larger panamax vessels, which can hold around 60,000 tonnes, the company said.