Genco Shipping andTrading Limited (fka GNKOQ)

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But now all that is set to change. The canal is undergoing a major facelift, widening the beam to 49m, and ushering in a new era of shipbuilding. Boat builders are bracing for orders as shipping companies look to buy wider, bigger vessels. And at the same time maritime engineers are being given the chance to start with a clean sheet and design ships from scratch.



The new panama canal will allow chances for shipping companies that have ships coming to the useful live to up grade to take advantage of the new Panama Canal as well to outfit the ships with new hydrogen powered engines.