The Panamax Post Monday 20th May

“That’s what a ship is, you know—it’s not just a keel and a hull and a deck and sails, that’s what a ship needs. But what a ship is, really is, is freedom”

Good morning, and welcome to my daily Panamax Post column on a bright, warm and sunny Monday here in London. Currently 13C with a high of 22C and an 8mph NNE breeze. We are set fair

With much in the news, and the Dali set for attempted refloating this morning, I wish you good fixtures and safe travels. And now for the news before the headlines

This morning, Ukrainian forces mounted a large-scale drone attack along the Russian BlackSea coast, hitting multiple Russian targets in Novorossiysk and Tuapse including oil refineries

Agricore Group has recently sealed three deals privately, adding a 2010-built capesize named Seamate, now freshly painted with ASL Sun, from THENAMARIS

A Greek owned, Panamanian-flagged tanker, Wind, with a history of hauling Venezuelan and Russian oil was hit by a Houthi anti-ship ballistic missile (ASBM) causing flooding and loss of propulsion

A Turkey-flagged product tanker was boarded and robbed southwest of Cape Verde

ExxonMobil & 🇹🇷Turkey’s BOTAŞ have just inked a new long-term LNG deal that deepens the energy partnership between Washington and Ankara in the foreseeable future

Three Syrian crew members are thought to have died when their 36-year-old ship collided with another ship and sank along the Ukrainian grain corridor

FONASBA : Capt. Mike Robarts FICS has officially been designated as the International Maritime Organization Goodwill Ambassador for the 2024-2025 term

Search and rescue efforts were underway in South Africa to find 11 fishermen missing at sea after their vessel sunk off Cape Town

Container freightrates have jumped by 30% over the last two weeks as demand rebounds ahead of the peak season

A cargo ship Captain and Second Mate have been arrested after colliding with a fishing boat and continuing on their way

Shipping company director will neither confirm nor deny that a Danish-flagged ship was on its way to Israel with weapons

Although planned dockings are a drag, fleet utilization was still so satisfactory that Solstad Offshore ASA’s CEO is optimistic about the rest of the year

Maersk has provided an update on its services to the Port Of Baltimore, indicating that bookings for direct loading will resume

CMA CGM SA is expecting a decline in ocean freight rates as new vessel deliveries gather pace, boosting capacity that has been tightened by ship diversions to avoid hostilities in the Red Sea

Key ports such as Singapore and JebelAli continue to struggle with delays. ”It’s a big problem,” says one shipping company

 

Click Here 👉 https://www.scoop.it/topic/panamaxpost👈 to read all articles in full and watch videos in today’s Panamax Post

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