“How inappropriate it is to call this planet Earth, when clearly it is Sea.”
Good morning, and welcome to my daily Panamax Post column on another beautiful morning here in London, with blue skies 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.
UK-based technology firm Sedna has acquired FLYTTA, an AI-powered workflow automation platform for global trade and supply chains for an undisclosed sum.
President Donald Trump announced the creation of a new White House office of shipbuilding and tax incentives for domestic shipbuilders during his joint address to Congress.
China’s CK Hutchison Holdings Ltd announced that it has an agreement in principle to sell its international ports portfolio including the controversial terminals in Panama to BlackRock in partnership with Terminal Investment Limited.
Local officials and Maritime and Coastguard Agency are working on a plan to free a Dutch short-sea cargoship that is high and dry or as one local official described it stuck in the mud.
European collaboration is propelling the modernization of British shipping company Carisbrooke Shipping Ltd’s fleet.
Norwegian shipping magnate John Fredriksen is moving away from dry bulk shipping selling his Golden Ocean Group shares to the Savery’s family-controlled firm.
Australian winter crop production — including wheat barley canola is estimated to reach 59.8m tons for marketing 2024-25, 27% above the 10 year average.
OPEC+ members start a series of production increases caught the market by surprise.
A.P. Moller Capital and Bergé y Compañía have signed an agreement to take 51% ownership in BERGÉ, solidifying their partnership.
The world’s largest and oldest iceberg, A23a, has run aground near South Georgia Island in the sub-Antarctic: British Antarctic Survey.
In February, over 6.5m tons of LNG were shipped across the Atlantic to Europe and orderbook for LNG bunkervessels grew by 50%.
North Star has signed an agreement with shipbuilder Vard Marine Inc for the design and construction of two new commissioning service operation vessels (CSOV).
Norway’s TMP bags retrofit contract for 86 vessels.
Oman’s Asyad Shipping, a subsidiary of ASYAD Group, has raised $333m through an initial public offering on the Muscat Stock Exchange.
Lithuanian rower attempting a solo trans-Pacific crossing has been rescued by the Royal Australian Navy after being caught in Cyclon Alfred, days before he could complete a record-breaking journey.
Defense Advanced Research Projects Agency (DARPA) and Serco have launched the Defiant, a prototype unmanned surface vessel, designed from the ground up for fully uncrewed naval operations.
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