“If you nurse every wound you get on a sailboat, you will spend all your time nursing wounds”
Good morning, and welcome to my daily Panamax Post column. It’s a bright sunny Friday and a perfect start to the Bank Holiday weekend, here at Spot Ship HQ, currently 13C with a high of 19C and a 5mph WSW breeze
With the school run done, the M25 almost perfect and much in the news, I wish you good fixtures and safe travels until we meet here again next Tuesday. And now for the news before the headlines
JBS, a Brazilian food manufacturer, will take over the running of Itajaí port in Santa Catarina state for two years
A multipurpose vessel has been boarded some 401 nautical miles (742km) southeast of Mogadishu, #Somalia (Ambrey)
The Baltic Exchange’s main sea freight index, edged lower on Thursday, as steady #capesize rates offset declines in smaller vessel rates
Lloyd’s Register (LR) has awarded approval in principle (AiP) to Hong Kong-based containership lessor Seaspan Corporation for its next-generation feeder ship design
The extraordinary growth of the bauxite capesize trades out of Guinea has seen the route replace Brazil in terms of ton-days in the opening four months of the year
While more April shipments from India to Europe provided a floor for Asian margins, fewer such voyages in May will likely compel Indian refiners to shift diesel sales back to Asia
COSCO SHIPPING Europe is said to be mapping out an enormous newbuildings push for up to 120 vessels worth more than $4.5bn
Industry feedback on new cyber security regulations for US flagged vessels is critical of the level of burden, the practicality of implementation, and lack of alignment to existing measures
Cheap fossil fuel prevents shipping’s green transition according to MAN Energy Solutions
‘Blue Visby Solution‘ proposes enormous fuel and #emissions savings for cargo ships worldwide, simply by being smarter about speed and timing and eliminating inefficiencies
Increasing rates and early peak season has raised concerns that pandemic conditions are returning. But the head of DHL’s freight forwarding business is not worried
Cadeler has won an installation vessel reservation agreement with an undisclosed client for upcoming wind farm installation projects
Borr Drilling optimistic about chances of winning Saudis back after a contract in Saudi Arabia was suspended despite a positive first quarter
Mr. Dhruv Taneja, Founder & CEO of MatchLog Solutions Pvt. Ltd., a company at the forefront of sustainable #logistics, spoke to Bizz Buzz Social
The state-run Principal Buyer | Saudi Power Procurement Company this week said it had agreed to purchase power at record-low prices from the wind projects to be developed in the kingdom by Japan’s Marubeni Corporation
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