Soy and corn exports from Argentina and Brazil will rise 2.5 percent this harvest year to a record 87.3 million tons, the U.S. Department of Agriculture predicts. The container ship was the first vessel to travel through the expanded Panama Canal. 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. Delays curb vessel supply. Benefit from data recorded in the ship wiki and share your knowledge with the community. Bloomberg Industries’ index of container-shipping stocks slumped 22 percent in the past year. The current position of MP PANAMAX 4 is at Indian Coast (coordinates 13.27778 N / 80.44433 E) reported 16 days ago by AIS.. Ship owners also appreciate Navios' financial integrity. 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. All the above movements can operate at variable speeds and permit the shiploader to completely cover all the holds of a Panamax vessel (almost the length of two football fields) without the vessel having to move. Dive into the FleetMon Vessel Database and search for ships from all over the world. “Last year the U.S. grain harvest was a disaster,” said Global Hunter’s Boyden. 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 size of Panamaxes are designed according to size regulations established by the Panama Canal Authority (ACP). Owners fleet: 8. Maritime-Connector.com is one of the largest ship databases in the world - over 190.000 registered ships with details, images and current position. Liberty Maritime International of Monaco has sold two post-panamax vessels to separate owners, having delivered one this month while planning to release the other in September. Our fleet is vetted through RightShip’s Ship Vetting Information System (SVIS™) which evaluates over 50 risk factors in each vessel and provides a risk rating at a particular date and time. All vessels displayed are independently managed with different shareholdings and not related to any other vessels managed by C Transport Maritime S.A.M. Have a confidential tip for our reporters? Ship owners value Navios' proactive, partnership approach of commercially operating their vessels, crews and cargoes with safety as a foremost consideration. 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 … We are NOT ship brokers, we are not commission agents. For many ship owners, a time charter is a prudent way to maximize asset utilization and to realize investment returns. The current position of PANAMAX ENERGY is at South East Asia (coordinates 22.49517 N / 91.696 E) reported 78 days ago by AIS.. Due to the expansion of the amount of commercial traffic around the globe, Panamax has seen great success with their flexibility of being able to transit the Panama and Suez Canal. A complete range of support vessels transport crew and ship spares to vessels in Singapore waters and the outer port limits. Tokyo-based Nippon Yusen K.K., the second-largest, will earn $53.3 million, 14 estimates show. “That really impacted the 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. As a general principle, the smaller the cargo-carrying capacity of a drybulk vessel, the more fragmented is its market, both with regard to charterers and vessel owners/operators. OUR FLEET: Owners fleet: 8. The company's treasury team ensures that ship owners who contract their tonnage to Navios benefit from the company's policy of ensuring that hire payments are received in a ship owner's bank account on the day they are due. Information. “The harvest is very good, which is a boost for the market, and we expect port congestion will also help,” Loukas Barmparis, president of Safe Bulkers, said by phone Feb. 15. Find the best information and most relevant links on all topics related to 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. 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. 34-38 DWT Handysize Vessels. Long Beach's LOCODE is USLGB. These risk factors include the ship’s structural integrity, competence of owners, managers and crew, past casualties and incidents. Greek panamax bulker owner Castor Maritime has swooped for its fourth vessel with the acquisition of a 2007-built panamax bulker. 34-38 DWT Handysize Vessels. Chartered fleet: 25. There were 25 vessels berthed, arrived or expected to load corn at Brazil’s five major ports on Feb. 13 and 106 for soybeans, compared with six for corn and 51 for soybeans a year ago, according to SA Commodities. Handysize to Panamax vessel. Cosco and Nippon Yusen’s fleets include oil tankers, container ships and other vessels. This expansion project has opened up a new shipping lane for larger, Neo-Panamax vessels. Furman products allow audio and video equipment to perform at optimal levels. 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. “Brazil and Argentina are stepping up to fill the deficit, which will make this season busy, but there are still way too many ships.”. 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. For more information about how Navios time charter operations can help you maximize asset utilization, please contact us. Any good news on the demand side is very good, because the market will still suffer this year from excess supply.”. The first post-Panamax warships were th… Search by name, IMO or MMSI numbers, flag state, length and vessel type. In addition to maintaining open lines of communication that enable the company to promptly address ship owner's requirements, Navios operates chartered in vessels as if they were its own -- closely monitoring the progress of voyages in order to preempt problems and disputes. Support Vessel Fleet. Top-quality vessels. Global trade in grains and soy will swell 3.1 percent this year, the broker estimated in a January report. Navios' combination of experience, financial expertise and stability make the company a preferred market partner for ship owners. Of the world’s six largest owners of the vessels, Safe Bulkers Inc. has the highest proportion of Panamaxes in its overall fleet, according to data from Clarkson, the world’s largest shipbroker. The larger dry cargo vessels, Baby Capes, mainly transport iron ore and coal, while the Post Panamax and Panamax vessels also carry grains. LOA 225m Beam 32.26m Draft 14.0m Three of six oil-tanker types aren’t making enough to cover their daily running costs, according to the Baltic and International Maritime Council, the industry’s biggest trade group. (To get alerts for new freight columns: SALT FRMC). Handysize to Panamax vessel. Visit Navios Tankers Management Inc. website. Today, roughly 18 months later, more than 2,500 Neo-Panamax have undertaken the same journey. Panamax Vessels. 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. We are a web based portal where everyone from ship owners, ship brokers, ship buyers are welcome to post their ships for sale, or ships they are looking to buy. Chartered fleet: 25. The ships include Panamaxes and smaller vessels. Ship owners can rely on Navios to protect valuable assets through ship management services, and to help maximize asset utilization through worldwide charter operations. As you can probably guess by its name, Panamax vessels cater in the region of Panama, and more specifically in the Panama Canal. OUR FLEET: Owners fleet: 8. A Panamax cargo ship would typically have a deadweight between 65000 and 80000 mts. Panamax. Now these environmentally friendly vessels make up about 95% of the capacity of our owned fleet. Information. We have been operating in this market since the early 1970s. 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. In case of your interest we will check with the new owners possibility to develop the vessel for sale. Visit Navios Maritime Acquisition Corporation website. 34-38 DWT Handysize Vessels. The $8,690 a day anticipated by FFAs for the second quarter will slump to $7,150 in the following three months before rallying to $7,992 in the final quarter of 2013, the bourse’s data show. 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. Add the ships to "My Fleet" with the "star" symbol in order to follow them later. Vaccine Shortage Eases; California Cases Slow: Virus Update. ... equipment supply and construction. While Safe Bulkers’ most-watched measure of net income will decline to $81.6 million this year from $90.2 million in 2012, its profit will exceed earnings of any owner in the 12-member Bloomberg Dry Ships Index, according to analysts’ forecasts gathered by Bloomberg. ... One of the main reasons home and business owners choose the ELAN® smart control system is the personalization capabilities included in... Read More. 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. Post-Panamax or over-Panamax denote ships larger than Panamax that do not fit in the original canal locks, such as supertankers and the largest modern container and passenger ships. Visit Navios Maritime Containers L.P. website. Rain in Brazil’s biggest soy-growing state of Mato Grosso is lifting production and disrupting transportation, another positive for rates. 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. 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 Panamax fleet is expanding four times faster than demand for grains after owners ordered the most new vessels ever in 2010, when rates averaged $25,000. 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. 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. As of 12:47 p.m., the shares rose 4.1 percent, the most since Jan. 29, to $3.78. “We see the current market is recovering gradually and expect we will see a better quarter. Panamax is the leader in electronic protection, filtration and control products. 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. 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 grain harvest in South America is looking much better, and that will certainly have an impact.”. Traders can profit by purchasing shipping swaps called Forward Freight Agreements, which currently anticipate rates of $8,690 for the same period. “The South American harvest is going to offer owners some respite,” though it won’t provide a sustained rally, Marc Pauchet, an analyst at ACM Shipping Group Plc, a London-based shipbroker, said in a Feb. 13 e-mail. The Supramax and Handysize vessels additionally transport steel, cement, sugar, fertilizers and other types of cargo. “It looks quite good from a rate perspective, even though it’s low now.”. ‘Dark Money’ Helped Pave Joe Biden’s Path to the White House, What to Know About Vaccine-Linked Deaths, Allergies, Larry King, TV Host Who Interviewed Presidents, Dies at 87, Trump-Branded New York Building Looks to Remove President’s Name, N.Y. The Port of Long Beach is a medium port in United States. 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 … About 40 percent of Panamax cargoes are grains, according to ICAP Shipping International Ltd., a London-based unit of ICAP Plc, the biggest broker of trades between banks. Explore. Visit Navios Maritime Partners L.P. website. Port information 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. Furthermore, most of our long-term chartered ships are ‘eco’ types. The first Panamax vessel started operations back in 1914. Very large bulk and ore carriers fall into the capesize category but are often considered separately. The new vessels feature very low fuel consumption and a significantly reduced carbon footprint. 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. Before it's here, it's on the Bloomberg Terminal. We are here to connect or facilitate connect between buyers and sellers, brokers and buyers, brokers and sellers. Panamax/Handy Fleet We currently operate 2 handies, 1 handymax, 1 supramax, 1 ultramax and 2 panamax vessels with a capacity from 28,000 mt dwt to 75,000 mt dwt. Some info about Panamax type tankers The term “Panamax” is used for defining the certain type of vessels (tankers, container carriers and bulkers), that have maximum dimensions to pass the Panama Canal with maximum amount of cargo onboard. Our Panamax/Post Panamax team consists of over 30 brokers operating in a global network of offices. American shipments plunged 17 percent to 72.5 million metric tons in the 2011-12 crop year and will slump another 14 percent in the current season, according to Clarkson. Handysize to Panamax vessel. The shiploader was turned over to the owners in April 1998. At least 16 of the company’s 24 vessels have charters until July, according to data on the ship owner’s website. Visit Navios South American Logistics Inc. website. 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