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| Norient Post-Panamax Bulker Pool |
| The Norient Post-Panamax Bulker Pool commenced operations in the beginning of 2010 and grew to manage 15 vessels in 2012. This capacity made the Norient Post-Panamax Bulker Pool one of the top-tier operators globally within the modern 110,000-116,000 dwt design. Post-Panamax comprises vessels in the range of 90,000-130,000 dwt which will be able to pass through the Panama Canal following its planned expansion. That this size of vessel is in high demand and fills the gap between Panamax and Capesize vessels, as they have considerably larger loading capacity than traditional Panamax vessels and are relatively more draft efficient. Thus, they are commercially attractive for carrying coal and iron ore, among other things. |
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