Panamax definition

Panamax means bulk carrier vessels with carrying capacity of typ-
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Panamax means a Vessel of between 60,000 and 88,000 DWT, the maximum sized Vessel that can transit the Panama Canal.
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Examples of Panamax in a sentence

  • The Seabrook Terminal facilities are capable of receiving industry standard Aframax, Panamax and MR sized tankers, oceangoing barges and inland barges with an overall length of up to 850 feet, a beam of up to 145 feet, an arrival draft of up to 45 feet and a displacement of up to 140,000 DWT for Ship Dock #4, subject to applicable laws and regulations and to Port of Houston Authority maintaining 45 feet depth in approach to Seabrook Terminal’s dock.

  • In consideration for the provision of the Services listed in Schedule “A” by NSM to NMLP, NMLP shall, during the first two (2) years of the initial term of this Agreement, pay NSM a fixed daily fee of US$4,000 per owned Panamax Vessel and $5,000 per owned Capesize Vessel, payable on the last day of each month, as set forth in the table below.

  • The Group currently owns one modern Capesize, one modern Panamax and eighteen modern grabs fitted Supramaxes including two Supramaxes which will be disposed by the Group later in 2008 as announced by the Company on 11 April 2008 and 16 April 2008.

  • The purchase prices paid by the Company for its two drybulk carriers in May 2005 represented fair and reasonable market prices at such time and the purchase prices payable by the Company for its two double hull Handymax product tankers and the four double hull Panamax product tankers reflect fair and reasonable market prices.

  • In connection with the above arrangements, Anangel also granted the Ka▇▇▇▇▇▇▇s family interests a thirty day option commencing on April 1, 2001 to purchase one or more of the following four vessels/newbuilding contracts: the Capesizes "Anangel Millennium" and "Anangel Century," both built in 2000, the Panamax "Anangel Afovos," which had been delivered to Anangel in March 2001, and Hull No. 1144.

  • Until December 31, 2019, a fixed daily fee of US$4,325 per owned Panamax Vessel, US$4,225 per Ultra-Handymax Vessel, US$5,250 per owned Capesize Vessel, US$6,700 per owned Post-Panamax Container Vessel, payable on the last day of each month.

  • Subject to Section 7.4 and except as permitted by Section 2.2, each of the Navios Maritime Entities shall be prohibited from acquiring or owning any Panamax Drybulk Carrier or Capesize Drybulk Carrier subject to a Qualifying Contract.

  • With a fleet of 100 vessels, the combined company will be a diversified tanker company, with capability in each of VLCC, Suezmax, LR1/ Panamax and the MR markets.

  • As of November 13, 2023, Star Bulk had a fleet of 117 vessels (on a fully delivered basis), with an aggregate capacity of 13.2 million dwt, consisting of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax and Supramax vessels with carrying capacities between 53,489 dwt and 209,529 dwt.

  • Recent investments in the port facilities and in the navigation channel made it possible for the Port of Leixões to receive Panamax type ships.

Related to Panamax

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  • Air ambulance means any aircraft specifically constructed, modified, or equipped and used for the primary purpose of responding to emergency calls and transporting critically ill or injured patients whose medical flight crew has at a minimum two attendants certified or licensed in advanced life support.

  • Air freshener means any consumer product including, but not limited to, sprays, wicks, powders, and crystals, designed for the purpose of masking odors or freshening, cleaning, scenting, or deodorizing the air. Air fresheners do not include products that are used on the human body, products that function primarily as cleaning products, disinfectant products claiming to deodorize by killing germs on surfaces, or institutional or industrial disinfectants when offered for sale solely through institutional and industrial channels of distribution. Air fresheners do include spray disinfectants and other products that are expressly represented for use as air fresheners, except institutional and industrial disinfectants when offered for sale through institutional and industrial channels of distribution. To determine whether a product is an air freshener, all verbal and visual representations regarding product use on the label or packaging and in the product's literature and advertising may be considered. The presence of, and representations about, a product's fragrance and ability to deodorize (resulting from surface application) shall not constitute a claim of air freshening.

  • Single Phase Aerosol Air Freshener means an aerosol air freshener with the liquid contents in a single homogeneous phase and which does not require that the product container be shaken before use.

  • Double Phase Aerosol Air Freshener means an aerosol air freshener with the liquid contents in two or more distinct phases that requires the product container be shaken before use to mix the phases, producing an emulsion.