Panamax Stocks List

Related ETFs - A few ETFs which own one or more of the above listed Panamax stocks.

Panamax Stocks Recent News

Date Stock Title
Mar 18 INSW Best Value Stocks to Buy for March 18th
Mar 18 DSX Are Investors Undervaluing Diana Shipping (DSX) Right Now?
Mar 18 STNG Is Scorpio Tankers (STNG) a Buy as Wall Street Analysts Look Optimistic?
Mar 18 SHIP Seanergy Maritime Holdings: Discounted Play On The Red Hot Capesize Market - Buy
Mar 18 NMM Navios Maritime Partners LP (NMM) Is a Great Choice for 'Trend' Investors, Here's Why
Mar 18 NMM Navios Maritime Partners LP (NMM) Shows Fast-paced Momentum But Is Still a Bargain Stock
Mar 18 INSW New Strong Buy Stocks for March 18th
Mar 16 SHIP Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) Q4 2023 Earnings Call Transcript
Mar 16 SHIP Is Now The Time To Look At Buying Seanergy Maritime Holdings Corp. (NASDAQ:SHIP)?
Mar 16 SHIP Seanergy Maritime Holdings Full Year 2023 Earnings: Beats Expectations
Mar 16 INSW Director Nadim Qureshi Sells Shares of International Seaways Inc (INSW)
Mar 16 INSW Director Randee Day Sells Shares of International Seaways Inc (INSW)
Mar 16 INSW Insider Sell: SVP, CFO & Treasurer Jeffrey Pribor Sells 16,000 Shares of International ...
Mar 16 INSW Director Douglas Wheat Sells Shares of International Seaways Inc (INSW)
Mar 15 SHIP Seanergy Maritime Holdings Corp. (SHIP) Q4 2023 Earnings Call Transcript
Mar 15 NMM Are You Looking for a Top Momentum Pick? Why Navios Maritime Partners LP (NMM) is a Great Choice
Mar 15 SHIP Seanergy Maritime reports Q4 results
Mar 15 SHIP Seanergy Maritime declares $0.025 dividend
Mar 15 SHIP Seanergy Maritime Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2023 and Declares a Cash Dividend of $0.10 Per Share
Mar 14 STNG Scorpio Tankers (STNG) Ascends While Market Falls: Some Facts to Note
Panamax

Panamax and New Panamax (or Neopanamax) are terms for the size limits for ships travelling through the Panama Canal. The limits and requirements are published by the Panama Canal Authority (ACP) in a publication titled "Vessel Requirements". These requirements also describe topics like exceptional dry seasonal limits, propulsion, communications, and detailed ship design.
The allowable size is limited by the width and length of the available lock chambers, by the depth of water in the canal, and by the height of the Bridge of the Americas since that bridge's construction. These dimensions give clear parameters for ships destined to traverse the Panama Canal and have influenced the design of cargo ships, naval vessels, and passenger ships.
Panamax specifications have been in effect since the opening of the canal in 1914. In 2009 the ACP published the New Panamax specification which came into effect when the canal's third set of locks, larger than the original two, opened on 26 June 2016. Ships that do not fall within the Panamax-sizes are called post-Panamax or super-Panamax.
The increasing prevalence of vessels of the maximum size is a problem for the canal, as a Panamax ship is a tight fit that requires precise control of the vessel in the locks, possibly resulting in longer lock time, and requiring that these ships transit in daylight. Because the largest ships traveling in opposite directions cannot pass safely within the Culebra Cut, the canal effectively operates an alternating one-way system for these ships.

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