‘Endangered’ Classic Panamaxes Make a Come Back

• Classic panamax boxships are back in the big time almost destroyed as a financially viable shipping segment four years ago.
• Opening of the expanded Panama Canal four years ago endangered the classic panamaxes.
• Rates for classic panamaxes had risen by up to 40%, reports Alphaliner.

Almost destroyed as a financially viable shipping segment four years ago, classic panamax boxships are back in the big time, reports Splash247.

With charter rates storming back across all...

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