“The sea finds out everything you did wrong”
Good morning, and welcome to my daily Panamax Post column on another dank morning here in hashtagLondon, where summer seems to have given up the ghost for another week.
With much in the news, I wish you good fixtures and safe travels. And now for the news before the headlines.
The Malaysian Maritime Enforcement Agency reported the rescue of 10 crew members working on an older coastal general cargo ship.
Hengli Group is expanding the shipbuilding production capacity for large tankers and containerships its shipyard.
A universal approach to measuring methane emissions on LNG-powered ships would support emissions reduction and cost savings for shipowners, according to a new report.
The large German trade union ver.di criticizes the state for selling off a crucial part of Germany’s business sector – if DSV – Global Transport and Logistics takes over DB Schenker.
The Baltic Exchange index hits a two-week low on weaker vessel rates in DryBulk Market.
The Canal de Panamá Authority has given itself a six-year deadline to complete the construction of a giant $1.6bn new reservoir along the Indio river.
Qatar is also poised for a robust growth in its maritime and logistics sectors supported, in particular, with consistent surges in its port activity.
Hurricane Beryl made its third landfall near Matagorda, Texas delivering high winds and torrential rain to America’s biggest oil and gas-producing region.
Good quarterly results are expected from Golden Ocean Marine Services, Safe Bulkers Inc, Star Bulk and Genco Shipping & Trading Limited, but demand from China is artificially high and dry bulk could take a hit if China cuts demand.
Almost 16m containers were loaded onto ships in May, which is 223,000 teu more than the previous record.
Columbia Shipmanagement strikes alliance with US-based Crowley. The initial focus areas will include ship management services, vessel performance optimization and procurement support for shipowners.
The number of vessels arriving at the Maritime and Port Authority of Singapore (MPA) (2,303) last month has increased 66% compared to May 2023.
CEVA Logistics, a CMA CGM Group company, has announced a significant restructuring aimed at enhancing its global ogistics services for customers.
Royal Boskalis B.V. (Boskalis) has signed an agreement to acquire the remaining 50% shares in Smit Lamnalco, thereby taking full ownership of the company.
G7 sanctions aimed at depriving the Kremlin of petrodollars are failing in one of their key objectives.
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