Panamax Market

Panamax Market refers to the shipping market segment that involves vessels with a size limit that allows them to pass through the Panama Canal. These vessels typically have a capacity of 60,000 to 80,000 deadweight tons (DWT) and are used to transport dry bulk commodities such as coal, grain, and iron ore. The Panamax Market is an important segment of the global shipping industry as it connects the Atlantic and Pacific Oceans, allowing for efficient transportation of goods between the two regions. The market is influenced by factors such as global demand for commodities, geopolitical events, and the availability of vessels.
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