The Panama Canal has recorded a daily tonnage average of 1.18 mln Panama Canal tons (PC/UMS) in February, 2017.  The previous record of 1.16 PC/UMS was reached in January, 2017. After the inauguration, Panama Canal has seen about 850 neopanamax vessels which passed through the new locks. By nowadays, approximately 53% of all cargo carrying by container vessels are transferred through the canal. Moreover, 11 new liner services are using the canal on regular basis. By April 2017, its planned to send through the new locks the first neopanamax cruise ship with up to 4000 passengers.

Dear Women,

Auction Export wishes you a very happy women's day!

May you keep the blossoming up the world around all. Have a wonderful day!  

Oman Shipping Buying 10 Tankers

Reuters is reporting that Oman Shipping Company (OSC) has secured USD 227 million in debt to finance the purchase of ten tankers.

Structured as a combination of commercial debt and export credit agency financing, the 12-year loan covers the acquisition of 50,000 dwt medium-range tankers built by South Korea's Hyundai Heavy Industries.

According to Reuters, the deal was arranged and underwritten by Societe General.

Mega Ships are Welcome in Manila Port

MICT (Manila International Container Terminal) is getting ready to operate world's largest containerships by expanding port's capacity. 5 post-Panamax giant cranes and 20 rubber tired gantry cranesare to be installed at the port by 2019. The equipment was ordered from  International Container Terminal Services Inc. (ICTSI) and the whole expansion program will cost to Manila port around USD 80 million. The impulse for such a step forward was reaching 2 million TEU mark in port's operation last year, and now the Philippine Ports Authority (PPA) is looking straight ahead to raise intra-Asia trade volumes.

Maersk Antares, Danish PostPanamax containership, arrived to the Chilean terminal, San Vicente Terminal Internacional (SVTI) on February 28​ with cargo ​more than 9000 TEU. 

The vessel was built in 2007 by South Korean shipbuilder Samsung Heavy Industries, and it has 338 m of length and 45,5 m of width.

According to SVTI’s CEO, Eduardo Gonzalez​ that was a historical arrival of the vessel with the largest capacity welcomed on the new berth, inaugurated last year. 

​As per CEO, ​the new berth enlarged the terminal capacity by 40 %.