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.
After a decline of up to 60% in the value of some Capesize vessels in the last 12 months, and a further 10-15% fall expected, 2016 will be a good year for dry bulk acquisitions; particularly cheap, high-risk Capesizes, according to analysis by VesselValues.com.
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