Bulk carrier sized to fit the original Panama Canal locks: max 32.31 m beam, 294 m LOA, ~12.04 m draft fresh; ~65,000-80,000 DWT.
Regulatory detail & full definition
Largest size pre-2016 expansion. Still dominates the cape-Panamax-Supramax-Handy market segmentation. Smaller post-Panamax replacements (Kamsarmax, Newcastlemax) emerged for the wider new locks. Spot rates quoted on the Baltic Panamax Index (BPI) routes.