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New Panama Canal could mean comeback for Capesize

When the Panama Canal opens the new and expanded locks, new opportunities will arise for the many Capesize vessels, which make up one of the most troubled segments in the whole maritime sector.

Photo: Norden

One of the most troubled segments in the entire maritime sector could begin a renaissance, when the highly anticipated expanded Panama Canal is inaugurated.

"When the expanded Panama Canal becomes operational, I am certain that many of the vessels which currently sail through the Canal, will be replaced by Capesize vessels," says Rahul Sharan, dry bulk analyst at Drewry, to ShippingWatch.

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