“To desire nothing beyond what you have is surely happiness. Aboard a boat, it is frequently possible to achieve just that”
Good morning, and welcome to my daily Panamax Post column on a dreadfully wet morning here in London, currently 18C with a high of 24C.
It is with saddness we share the passing of one of the great names in shipowning, Spyros Polemis, (SEACREST SHIPPING COMPANY LIMITED) who passed away on July 21. May he rest in peace, he will be hugely missed.
With this and much in the news, I wish you good fixtures and safe travels. And now for the news before the headlines.
A host of entities have been established in Dubai to move Russian gas shipments around the world, in a move that mirrors the sanction dodging of oil exports.
The dry bulk shipping market has rebounded in the first half of 2024 driven by the Capesize sector and the iron ore trades – Marcus Hand
Trafigura has acquired joint venture partner Gearbulk Holding AG’s stake in High Heat Tankers Pte Ltd (HHT) and ordered a 17,5000 dwt high heat tanker.
Shipping’s carbon emissions climbed by 23m tons in the first half of this year, partly as vessels took longer routes to avoid attacks in the Red Sea.
Danish owner and operator DS NORDEN has sealed a deal to acquire Norwegian dry bulk operator Norlat Shipping Ltd. AS.
An Indonesian landing craft carrying government cargo has disappeared without a trace off West Papua
New York-listed offshore driller Valaris Limited has won a multi-year contract with Equinor’s subsidiary in Brazil for the drillship Valaris DS-17.
Noble Corporation has sealed its first drilling deal in Poland. The Texas-headquartered driller, which currently counts a fleet of 31 rigs, has won a contract worth about $6.3m from CEP Central European Petroleum for the jackup Noble Resolve.
Paul Watson, founder of the activist group Sea Shepherd Global, has been arrested in#Greenland in connection with an INTERPOL “Red” warrant filed by the government of Japan.
The International Maritime Organization’s enforcement of EEXI and CII regulations from January 1, 2023, marks a significant step in reducing greenhouse gas emissions from the maritime industry .
International Seabed Authority (ISA) has issued 31 deep-sea exploration licences, including two for India in the Indian Ocean, but is yet to allow mining as it is still working on regulations.
Iran’s Islamic Revolutionary Guard Corps (IRGC) seized a product tanker after it left the Khor Al Zubair port in Iraq loaded with 1,500 tonnes of gas oil.
With some 450m data points Xeneta believes that it is well positioned to feel container shipping’s pulse and its latest information has shown a blip in the spot rate’s recent beat.
Oman’s logistics giant ASYAD Group has acquired SkyBridge Freight Solutions (SFS), a significant international expansion for the state-controlled firm.
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