The Panamax Post Tuesday, 5th November

“That’s what a ship is, you know—it’s not just a keel and a hull and a deck and sails, that’s what a ship needs. But what a ship is, really is, is freedom.”

ship on sea with orange skies in the background

Good morning, and welcome to my daily Panamax Post column on another rather bland morning here on Guy Fawkes day in London, cloudy, light breeze and 10C.

With much in the news, I wish you good fixtures and safe travels. And now for the news before the headlines.

Canadian West Coast ports employers are shutting down all container operations in a lockout impacting $800m in trade daily.

A landmark legal case is underway in The Netherlands which could dramatically alter the global crewing markets.

BALTIC EXCHANGE LIMITED(THE) has together with digital platform developer Zuma Labs launched a new product that delivers real-time Baltic Exchange indices and FFA (freight forward agreement) prices to shipping professionals.

Shareholders of capesize bulker specialist Seanergy Maritime Holdings Corp. have decisively re-elected the company’s director nominees and rejected proposals from George Economou.

Argentina is expected to produce more soybeans in 2024-25 but the crop faces “several complex challenges and opportunities shaped by weather economic pressures and production practices.

The average delay for containerships behind schedule has continued to increase in 2024.

Baltic index edges lower as rates of some vessel segments fall.

Pole Star Global has formed a strategic partnership with RightShip focusing on integrated solutions that enhance safety, compliance, and sustainability across the global maritime industry.

Chinese ports have handled 248.5m TEUs from January to September of 2024, an increase of 7.7 %.

CU LINES is looking to take advantage of today’s elevated prices for secondhand boxship tonnage with brokers reporting the Raymond Chen-led boxline has put six ships up for sale.

Food companies and consumers have breathed a sigh of relief after futures prices declined over the past few months. Weather is always a key factor and it appears weather may not have a key role to play in futures prices.

An as-yet-unreleased United Nations report suggests that Yemen’s Houthi rebels have figured out a way to monetize their blockade of the Red Sea.

SAL Heavy Lift and a Harren Group company has hit yet another milestone in the construction of its Orca class heavy lift multipurpose vessels.

Rotterdam-based Broekman Logistics has expanded its breakbulk footprint in the Port of Rotterdam by acquiring Lievaart Expeditie B.V.- en Stuwadoors Maatschappij J.C. Meijers.

Dutch Norwegian short seashipping company Longship Group has taken delivery of Longeon, the second vessel in its series of 8,600 dwt newbuilds from Atlas Shipyard.

ANTONOV Airlines, in partnership with CEVA Logistics, transported a 40-ton cargo, including the Hera spacecraft, from Germany to USA.

 

Click Here 👉 https://www.scoop.it/topic/panamaxpost👈 to read all articles in full and watch videos in today’s Panamax Post

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