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News / Panamax vessel crisis deepens as Rickmers Maritime Trust suspends share trading

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Classic panamax containerships continue to be pulled from services transiting the Panama Canal, resulting in a record number of prematurely scrapped vessels – many sold at a significant loss to owners.

According to Alphaliner, since the opening of the new canal locks in June, 120 panamax ships of between 4,000 and 5,300 teu ...

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    Charter parties Rickmers Maritime Trust The end of the Panamax

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