“Smell the sea and feel the sky. Let your soul and spirit fly.”
Good morning, and welcome to my daily Panamax Post column on a cooler day here in London, 22C with a high of 24C and a 12mph WSW breeze. A fine day for sailing
With much in the news, I wish you good fixtures and safe travels. And now for the news before the headlines
The Houthis military are asserting that they have launched for the first time a hypersonic missile, which was used to target an MSC Mediterranean Shipping Company containership far out in the Gulf of Aden
The Baltic Exchange index saw gains on strong capesize demand in Dry Bulk Market
Congestion at Singapore’s container port is at its worst since the COVID19 pandemic, a sign of how prolonged vessel re-routing to avoid Red Sea attacks has disrupted global ocean shipping – with bottlenecks also appearing in other Asian and European ports
Just days ahead of a high-profile meeting between Peru’s president and Chinese President Xi Jinping, the Peruvian National Port Authority (APN) has dropped a decision that had upset China’s state-owned shipping company, COSCO SHIPPING Ports Limited
The world’s largest cruise ship, the newly-delivered Icon of the Seas, sustained a “small fire” while it was in port in Costa Maya.
Bunker Holding A/S reveals further details of $125m loss in Africa.
New data shows that only 77 container ships in the entire global fleet are not working, a number not seen since the pandemic
Shipping companies should prepare for more shocks to the supply chain, as MSC Mediterranean Shipping Company urges liner companies to invest in more ships despite fears of oversupply.
Edda Wind raises millions of dollars in private placement and John Fredriksen increases his shareholding in the Haugesund-based offshore wind company.
SSY opens an office in Osaka with Naoki Tamura, who was most recently with Maersk Brokers, returning to SSY to head up the new office
The startup Blue World Technologies is reporting it achieved a breakthrough by demonstrating the first high-power maritime fuel cell system to run on green methanol.
Japan’s Mitsui OSK Lines Maritime (I) Pvt Ltd (MOL) is buying a 25% stake in Tanzania-based Alistair Group, a cross-border logistics company serving Sub-Saharan Africa. No price has been revealed.The Canal de Panamá Authority (ACP) has announced another increase in draft and daily transits.
Shipowners and analysts were in high spirits as they dissected the current market situation and its root causes at Marine Money in New York.
Offshore drilling rig owner Northern Ocean Ltd. has won a contract for its 2019-built semisub Deepsea Bollsta in Namibia.
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