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Panamax vessels are highly flexible vessels capable of carrying a wide range of drybulk commodities, including iron ore, coal, grain and fertilizer, and of being accomodated in most major discharge ports. Initially the Panamax Fleet will consist of six modern, active owned vessels and one newbuild Panamax vessel that is contracted to be chartered-in to the company in 2008.
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| Navios operates the largest international fleet of very modern ultra handymax vessels. Navios' core panamax fleet consists of 14 very modern vessels augmented by an additional 20 to 30 time chartered units.
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