“On a day when the wind is perfect, the sail just needs to open and the world is full of beauty.”
Good morning, and welcome to my daily Panamax Post column on a wet and drizzle filled morning here in London, with a 3mph E breeze and a high of 14C later.
With much in the news, I wish you good fixtures and safe travels. And now for the news before the headlines.
The decisive electoral victory of President elect Donald Trump has sent energy stocks soaring, while the initial investor reaction for the rest of the industry appears mixed.
Ukraine said a drone strike hit a naval base in a port city on Russia’s Caspian Sea coast, in Kyiv’s first-ever attack on a target in the region.
US authorities open consultation on new container alliance. The Premier Alliance agreement with ONE, HMM and Yang Ming Marine Transport Corp. as members is under review by the US Maritime Administration.
Maersk appoints new head of Suez Canal container terminal.
Baltic index rises as capsize vessel segment posts gain.
Hapag-Lloyd has signed two contracts with two Chinese shipyards for a total of 24 new container ships.
A Turkish man accused of attempting to violate U.S. sanctions on Venezuelan oil was arrested in Miami. Authorities say Torlak coordinated a complex plot to sell oil from Venezuela and Iran, hiding the shipments to mislead officials.
Social connectivity, repatriation cover and a balanced diet to be enshrined in UK law for seafarers from 2025.
ICTSI has recorded a 2% increase in container throughput to 9.6m teu for the first nine months of 2024.
The Royal Moroccan Navy successfully stopped a group of migrants from hijacking a cargoship off Morocco’s southern coast.
Engineered transport and heavy lift specialist Mammoet, recently made sure the last and the heaviest topside of the Brent oil and gas field.
AsstrA-Associated Traffic AG recently completed the first phase of the OSBL module transportation for the Ineos Project One.
The Panama Maritime Authority (PMA) has initiated the process to deregister four LNG carriers linked to Russian gas producer NOVATEK.
Offshore wind farm specialist Cadeler has secured another contract, this time for the East Anglia TWO project.
As geopolitical turmoil in the Red Sea disrupts traditional shipping routes, the global container fleet has hit a record low in commercially idle capacity, according to data from Alphaliner.
Turkish flour miller Ulusoy Un has acquired an 85% stake in Italian pasta company PASTIFICIO MEDITERRANEA S.R.L. from Spain’s Cerealto Group as part of the company’s long-term growth strategy.
Chinaland Shipping Pte Ltd, has entered the cape trades in August, has now added a newcastlemax to its fast-expanding fleet.
Elon Musk is creating an unbiased search engine and email service that will rival Google.
Click Here 👉 https://www.scoop.it/topic/panamaxpost👈 to read all articles in full and watch videos in today’s Panamax Post