“You will never have something you never had, until you try something you have never done”
Good morning, and welcome to my daily Panamax Post column on the first dry morning in London for a few days, still below average with a high of 22C later.
With much in the news, I wish you good fixtures and safe travels. And now for the news before the headlines.
A ship sailing through the Gulf of Aden came under fire Tuesday in a new suspected attack launched by Yemen’s Houthi.
Container ship congestion in Singapore is spreading to neighboring Malaysia.
The Baltic Exchange’s main sea freight index fell to a near one-month low due to lower demand for capesize vessels.
The crew of a Panama-registered general cargo ship abandoned their vessel after it took on a severe list in heavy weather off the South African coast.
PIL had the most reliable schedule among the top 12 container lines in Q2 2024 when arranged by average delay time, breaking Maersk’s streak at the top.
The clean energy sector is projected to invest $65bn in US offshore wind projects by 2030, which will support 56,000 jobs, according to a new report by the American Clean Power Association (ACP).
TS Lines Private Limited is reentering the transpacific trades for the third time, one of a raft of smaller carriers tempted by today’s sky-high freight rate. environment
GTT Strategic Ventures, along with Counterview Capital Lifeline Ventures, and Tesi has invested in Seaber.io, a Finnish maritime software company specialising in the digitalisation of scheduling and chartering processes.
Evalend Shipping has lifted its orderbook of product carriers with a fresh order in South Korea for four, albeit smaller units.
Canal de Panamá expects to complete a billion-dollar construction of a new water reservoir within six years that will help ensure the passage of 36 ships a day.
A food scandal has hit China following reports on social media that
fuel tanker trucks that transport toxic chemicals are also being used to carry cooking oil and other food products. Chinese officials have now launched an investigation.
The Iranian Navy frigate Sahand entirely sank in shallow waters on Tuesday in the southern port of Bandar Abbas Artificial Intelligence has recently entered the business world with a classic disruptive approach.
The cost of shipping crude oil along key routes to Asia is slumping as supertankers take shorter trips and demand softens in China.
Yang Ming Marine Transport Corp. is the latest container line to start using
biofuels on some of its vessels in a bid to reduce emissions.
Mt Etna erupted again ejecting 9,000MT of CO2 into the atmosphere per day, by itself offsetting annual carbon reductions by hundreds of countries around the world.
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