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Alphaliner: Carriers cascade Panamaxes big-time

The effects of the expanded Panama Canal are already clearly evident in the container segment, as ships built to fit the old canal are now rapidly being replaced by bigger vessels, notes Alphaliner.

Photo: Hyundai Merchant Marine

The opening of the long-awaited expanded Panama Canal is now directly reflected in developments in the container segment.

Here the carriers have across the board begun to replace vessels which were built according to the canal's now-outdated measurements, reports Alphaliner. Hence container vessels in the so-called Panamax segment of 4,000 to 5,100 teu are now being replaced by vessels in the range of 5,300 to 7,000 teu and 7,500 to 10,000 teu.

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