The Panamax Post Monday February 19th 

The public is wonderfully tolerant. It forgives everything except genius

February 19th 2024
Boats on sea in sunset

Good morning, and welcome to my daily Panamax Post column. It’s a dank 10C morning here in London with some drizzly, but with a high of 14C later and sunshine around midday, we are set fair here at Spot Ship for a busy start to the week

In a weekend of multiple attacks by the #houthis , with claims a bulk carrier has been struck, and its crew was forced to abandon the ship due to damage from a reported fire onboard. No reports of crew injuries.

With this and much more in the news, I wish you good fixtures and safe travels, and now for the news before the headlines

A Panamanian-flagged #tanker carrying #crudeoil bound for #india was struck with a missile in the #redsea

SeaLead Shipping has been taken over by a group of four investors who have appointed an interim boss

#seafarers covered by International Bargaining Forum (IBF International Consulting) agreements can refuse to sail through the Southern Red Sea and #gulfofaden

Secretary of the US Navy Carlos Del Toro had harsh words for contractors who post profits without delivering the goods

#china plans to dispatch forces off Kinmen

US forces identified and destroyed a new class of weaponry in Yemen

Bjorn Lomborg: Emerging economies use ever more electricity

Nine days after a slick was first spotted by #trinidadandtobago Coast Guard, an oil leak from a capsized barge remains unplugged

#singapore fuel oil imports have been rising and the trend may continue amid more vessel diversions towards the Cape of Good Hope

The amount of #grain inspected at all major US #ports was down 9% in the fourth quarter and 13% from the five-year average

Salvatore Mercogliano, Ph.D. examines the letter from Congressman Mike Gallagher’s House Select Committee on the Select Committee on the Chinese Communist Party

Diversions from transiting the #redsea to avoid Houthi attacks have significantly strengthened ton mile demand to the benefit of investors

Materials from 2018 appear to show that past US Coast Guard Academy
leaders deliberately hid an investigation into patterns of #sexualassault

Dorian LPG, International Seaways, Inc. Ship Management LLC,
POTEN & PARTNERS and d’Amico Shipping Group all confirmed for the CMA Shipping 2024 Commodores’ Debate

#drybulk stands out among the major shipping sectors as the least willing to invest in green new tonnage

Devbulk has paid some $28m to Maestro Shipping (Australia) Pty. Ltd for the Maestro Sapphire

STS cranes as part of its container terminal #modernisation

Sea-Intelligence has assessed the possible effect of the #redseacrisis by using its regular technique for estimating demand in TEU miles

 
Thank you to Adis Ajdin Marcus Hand Vijay Krishna The Maritime Executive
Marine and offshore insight gCaptain

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