http://www.marinelink.com/news/oversupply-limited-cargoes-contribute-to-weakening-panamax-rates304182
Oversupply, Limited Cargoes Contribute To Weakening Panamax Rates
Panamax rates continued to weaken due to oversupply and limited cargoes on Monday, but owners were hopeful that the market was finding a floor, brokers said.