Independent journal on economy and transport policy
08:37 GMT+2
Rapid Panamax Expansion Affects Freight Rates
(MaritimeToday.com)
July 2, 2001
A fast expansion of the fleet in the panamax sector has outpaced trade and affected freight rates, shipbrokers on Monday.
"Panamax freight rates are not weaker due to falling demand, but rather because the fleet is growing faster than trade," a broker said. Rates quoted on the Baltic Panamax Index reflected a negative trend across the board, with ...... Read more on MaritimeToday.com
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher