“Meet me there, where the sea meets the sky. Lost but finally free.”
Good morning, and welcome to my daily Panamax Post column on a wet and blustery morning here in London, with a high of 12C and potentially more snow on Wednesday.
With much in the news, I wish you good fixtures and safe travels. And now for the news before the headlines.
Taiwan’s coast guard believes that a Chinese freighter severed a telecom cable off the island’s northern coastline last week, and analysts have flagged the possibility of a gray-zone attack.
Russian Authorities stated that an oil leak from the 2 damaged tankers had reached the Crimean Peninsula.
A number of recent developments have combined to suggest that the risk to
Russian military cargoes at sea has risen markedly in recent weeks.
Alternative fuel capable tonnage made up half of new orders last year as LNG returned to dominance.
A project financing package was completed at the end of December to continue the momentum for the development of another of the early, large offshore wind farms off the Northern U.S. Coast.
CHS Inc., the largest farmer-owned cooperative and a global agri business in the United States, closed on its acquisition of Minnesota cooperative West Central Ag Services, creating an ag retail business called CHS West Central.
China’s Unipec remained by far and away the largest spot charterer of crude oil tankers in 2024 according to analysis by broking house, POTEN & PARTNERS.
India is emerging as a major exporter of solar photovoltaic (PV) cells as countries look for alternatives to China for sourcing supplies in their switch to renewable energy.
India exported $711.95m worth of PV cells assemble in modules or panels with 96% of the shipments going to the US with the world’s largest economy turning away from China.
In its final report on the container shipping trades of 2024 consultancy Alphaliner has forecast that there will be no overcapacity challenges in the near-term as carriers seek to plug gaps in their services.
Taiwan’s coast guard has rescued four injured survivors from a bulker that caught fire off the coast of Kaohsiung.
China said it would launch 15 measures to bolster the development of its western provinces with the construction of logistical infrastructure such as ports and aviation hubs.
Guyana said it is making a concerted effort to clear wreckage from its waterways and improve navigation as the number of ships serving the burgeoning oil-sector increases.
Singapore shipyard Strategic Marine has delivered its first surface effect crew boat to All Energies Services (AES) which rides over the water on an air cushion.
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