“The big boats get the glory, but small boats make the sailor.”
Good morning, and welcome to my daily Panamax Post column on a very mild Samhain / Halloween and Diwali morning here in London.
With month end close upon us, and much in the news, I wish you good fixtures and safe travels, and thank you for being part of our October 2024. And now for the news before the headlines.
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BALTIC EXCHANGE LIMITED(THE) has launched with Moody’s a know-your-customer (KYC) platform to give the maritime sector greater access to company data to support informed decision making.
The U.S. continues its effort to freeze Russia’s burgeoning Arctic LNG sector.
Ukraine’s Ministry of Defense has published a list of captains of vessels accused of transporting stolen Ukrainian hashtaggrain
A shipbroker recently had to settle a negligence claim for $380,000 after failing to tell a charterer about a navigation restriction on a vessel, according to brokerage insurer ITIC.
Japanese shipowner Mitsui OSK Lines Maritime (I) Pvt Ltd is being forced to renegotiate charters for four tankers that are part of its Russian business as sanctions tighten.
AP Moller-Maersk is continuing its quest for enough green fuels to power its future fleet with a bio-methanol offtake agreement with LONGi Green Energy Technology.
The Canal de Panamá aims to regain vessel traffic carrying U.S. liquefied natural gas to Asia as demand in that market rises and a new reservation system allows shippers to lock in slots.
DS NORDEN maintains its lowered expectations for the year as the markets for both dry cargo and tankers have proven weaker than expected.
Container shipping newbuilding orders continue to flood in with Wan Hai the latest with it contracting its largest vessels yet.
The Saudi Arabian Neom project has gotten off to a slower start than DSV – Global Transport and Logistics expected, as investors in the logistics major remain skeptical.
A new rule aimed at cutting pollution from shipping in the Mediterranean is set to help prop up Europe’s ailing diesel demand.
Taiwanese officials are reporting they were successfully able to evacuate the crew from a heavy lift vessel that was in danger as a strong typhoon approaches the island.
Tankers carrying sanctioned liquefied natural gas from Russia are gathering off the country’s far eastern coast, a sign of the difficulties in finding buyers in the midst of ever-tightening western restrictions.
Four big names in Japanese maritime have debuted a design for a methanol-powered VLCC equipped with rotor sails.
Ørsted has signed a partnership agreement with Brookfield who will acquire 12.45% stakes in four UK offshore wind farms operated by the Danish utility.
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