Live your life by a compass, not a clock
Good morning, and welcome to my daily Panamax Post column on a rather dank overcast morning here in London, currently 14C, a high of 18C and a 5mph NNE breeze
Congratulations to Henry Waterfield, who has been nominated for the Military Values in Business award by the British Ex-Forces in Business Awards
With this and much in the news, I wish you good fixtures and safe travels. And now for the news before the headlines
Hungary has detained the captain of a Swiss-based cruise ship involved in a collision with a small motorboat on the Danube River
South Africa’s maritime authorities have called off a search for half the crew of a lost fishingvessel
The Baltic Exchange index made steady as gains in capesize offset lower rates for smaller vessels
Saltchuk Resources has agreed to take over the New York-listed operator of Jones Act tankers and oil tug barges, Overseas Shipholding Group
In a rare instance of piracy outside the hot zones, security reports are indicating the crew of a product tanker was robbed in the middle of the Atlantic
Anglo American is at risk of a hostile takeover this Wednesday
Saudi Arabian shipping giant Bahri | البحري has purchased four moderns VLCCs from Korea Line Corporation, according to brokers
While Greek newbuilding orders are still among the highest, however Chinese owners appear to be taking the lead when it comes to total numbers
The South Carolina Ports Authority (SCPA) was forced to close Charleston port and inland harbours all of yesterday following what it described as a software issue
China’s crude oil imports from Russia, which include supplies sent via pipelines and the sea, were 9.26m metric tons last month
Three independent freight forwarding and supply chain management companies, The Cardinal Partnership, Davies Turner, and Woodland Group, have joined forces to acquire UK-based freight software provider Forward Solutions
Asia Pacific Shipping Co., Ltd. Company, a new Vietnamese shipowner, has signed a sale and leaseback agreement with CSSC Leasing, selling two product tankers due for delivery in 2026 to the Chinese company for $105.3m
Some of the largest marine insurers can withdraw coverage for oil leaks if the vessel responsible fails to adhere to sanctions
Indian breakers have held on to their lead in the recycling table over recent days as other locations wrestle with disruptive issues
The refloating operation and removal of the Dali from the wreck site of the Francis Scott Key Bridge in Baltimore was completed
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