Panama Canal Pushes Back on ‘Line Jumping’ Claims as Auction Slot Prices Surge
Panama Canal authorities are trying to debunk the misconception that auction slots are a free pass to cut the line.
Designed by Finnish naval architecture firm Foreship BlueTech Ltd, the Bluetech 42 is a new eco-friendly handysize bulk carrier that features a 15 percent larger hold and 5 – 9 percent greater deadweight as compared to other vessels in its class. At the same time however, hull and structural optimization has reduced its fuel consumption/hold volume and deadweight ratios to the lowest in their class, according to Foreship.
In an announcement this week, Bulgarian ship owner Navibulgar signed a contract for 4 firm + 2 options for these vessels at Hongqiang shipyard.
Vessel Particulars:
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