A bad day sailing is 100 times better than a good day at work
Good morning, and welcome to my daily Panamax Post column on a rather dank day here in London, 14C, cloudy and rain throughout the day, with a 4mph NE breeze
Congratulations to Colombo Capital Shipping, an emerging entity in the maritime industry announced their operations as a new company with the opening of their new office in Sri Lanka, with Spot Ship underpinning their ship brokering team and expanding their footprint in the Asian and global markets
With this and much more in the news, I wish you good fixtures and safe travels. And now for the news before the headlines
The Baltic Exchange’s main sea freight index fell for the fifth consecutive session dragged by weaker rates across all segments
Quadriplegic adventurer Geoff Holt MBE DL has set sail from London, in a record-breaking challenge to circumnavigate the UK coastline
Hapag-Lloyd AG raised the lower end of its 2024 outlook amid rising demand and freight rates, but posted an 84% drop in first-quarter
A prominent cybersecurity consultancy has spotted signs of Chinese hacking intrusions in the European cargo shipping industry
US House of Representatives Committee on Transportation and Infrastructure held a detailed hearing “Reviewing and Examining the Francis Scott Key Bridge Federal Response”, on the day following the release of the National Transportation Safety Board interim report
Another American bridge has been struck by a vessel, in Texas
Two fishermen died when their fishing boat ran into a collision with cargo ship Sagar Yuvaraj
Although CONAB – Companhia Nacional do Abastecimento revised Brazilian soybean and corn production slightly upward in its latest forecast due to expanded planted area, year-on-year output of those crops is projected lower
Exports from China to Mexico have soared this year, raising suspicions that shippers are circumventing the new tariffs
The Port of Antwerp-Bruges has presented a world premier: the Methatug, a tugboat, which runs on methanol
Lucas Vos has decided to step down from the role of president at Stolt Tankers after nine years with the company
Greek shipowner Capital Gas Ship Management Corp. has sold one of its three on-the-water LNG carriers in what is increasingly becoming an active market for older vessels in the sector
2024 has proved to be challenging for HHLA Hamburger Hafen und Logistik AG, which is experiencing the effects of uncertain supply chains directly in the economy
Morale is low for the Dali’s crew members, who are stranded on board by the ongoing investigation
Analyst Alphaliner outlines the current capacity shortages in the trades between Asia and Europe, revealing the extent of the potential overcapacity that could affect the industry if the Red Sea crisis is resolved
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