Analysis On Shipping Market And Operation Strategy In The Panamax

Since2007, the international dry bulk shipping market fluctuates heavily, from the market peak fall to the bottom. The market is facing serious challenges under the situations that, the number of ships delivery is big and the demand grows slowly. As one of important markets, the Panamax shipping market also is facing the serious challenges, and operates difficultly. So, it is important to find the road for the companies to survival and development, which is the main purpose of the paper.The paper is based on enterprise management theory and econometric approach. Firstly, the paper researches on some literatures about international dry bulk shipping market. Secondly, the demand, supply and price are analyzed in dry bulk shipping market and the paper put forward the characters in the shipping market. Thirdly, in the paper, it studies the type of ships, shipping demand, supply and price in Panamax shipping market. Fourthly, it used the combining method of quantitative and qualitative, to forecast the Panamax shipping market, which get that, the demand will grow, yet the pressure of supply is also big. At last, some strategies are put forward for the Panamax ship owners, such as optimizing the fleet, ascension fright capacity, avoiding the risk of volatility of price, impoving green shipping, strength cost management, and so on. The purpose of the paper is to offer theory and practice guidance for the Panamax ship companies.