Panama Canal adapts to bulk shipping companies
NewsThe Panama Canal’s operational issues led some bulk shippers to choose alternative routes, with future decisions based on capacity and transit assurances.
Cargotec-owned MacGregor has won an order from China’s Shanhaiguan New Shipbuilding Industry for advanced bulk-handling systems for a pair of 20,000 dwt cement carriers. The vessels are on order for Singaporebased Associated Bulk Carriers (ABC), a subsidiary of dry cargo shipowner Precious Shipping PCL, Thailand, which operates in the small Handysize sector of the tramp freight market.
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