“No sailor ever learned the stars on calm seas; it’s the rough nights that teach you how to find your way home.”
Good morning, and welcome to my daily Panamax Post column.
London today will see a cloudy and wet start with rain from the south, easing in the afternoon before more showers later. High of 16°C.
With much in the news, I wish you good fixtures and safe travels. And now for the news before the headlines.
The Suez Canal Authority denied reports it detained the Russian tanker Dignity, saying the issue arose from a private legal dispute, not its own actions.
TORM lifted its profit outlook and trimmed revenue guidance after strong spot rates delivered a solid quarter.
The Baltic Dry bulk Index closed at 1,966 points, down 17 pts.
Maersk raised its full-year outlook despite sharp declines in third-quarter revenue and operating profit.
DFDS faces mounting pressure in the Mediterranean, where rising competition from Grimaldi Group and the Ekol Logistics acquisition will heavily influence upcoming results.
Indian PM Narendra Modi declared the launch of Bharat Container Shipping Line marks the start of a “new era of maritime confidence.”
DFDS has dismissed CEO Torben Carlsen as it prepares for a new strategic phase focused on deeper cost savings.
Malibu Boats Australia has reportedly been hit by a ransomware attack claimed by the Russian-speaking Qilin group.
The Toepfer’s Multipurpose Index (TMI), a key barometer for MPP sector observers, moved slightly upwards in November, yet any positivity is being undermined.
The US Supreme Court signalled doubt over Trump’s global tariffs, with key justices suggesting he exceeded his authority.
Wallenius Wilhelmsen is taking precautions as CEO Lasse Kristoffersen awaits clarity on whether the company qualifies for the port fee suspension.
Navigator Gas has reported its best quarter since its 2012 IPO, driven by a surge in US petro chemical gas exports.
DS NORDEN CEO Jan Rindbo has questioned China’s ability to meet its new soybean import pledge, despite the deal’s potential to lift freight rates.
Poland will invest €2.35bn to expand a major port capable of handling two million TEUs a year.
DS NORDEN has signed a new two-year contract with US wood pellet producer Enviva, extending their long-standing partnership.
Since 2016, schedule reliability among the top 20 container carriers has diverged sharply, reshaping global competition and widening service consistency options for shippers.
Wind energy’s shine is fading fast — new data shows turbine repairs will top $2.9bn next year, with fragile blades alone costing over $1bn to keep spinning.
Harlyn has completed the transport of 12km of inter-array subsea cable for a developing offshore wind project using its proven RoRo-based handling method.
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“A mild day at sea reminds a sailor that not every horizon hides a storm — some simply whisper, rest while you can.”
Good morning, and welcome to my daily Panamax Post column.
London today, will be largely dry and mild today, 16C, spells of hazy sunshine.
With much in the news, I wish you good fixtures and safe travels. And now for the news before the headlines.
The Suez Canal Authority invites all shipping lines to make trial voyages as CMA CGM tests the water with two eastbound sailings through the waterway and the Red Sea.
Footage online suggest a Russian warship near Sevastopol and Crimea is on fire.
BALTIC EXCHANGE LIMITED(THE)’s main sea freight index rose 13 points to 1,958.
Performance Shipping Inc. has signed a fresh two-year charter deal for its 2013-built aframax P Long Beach with ExxonMobil’s shipping arm, SeaRiver Maritime Inc.
President Trump seeks to maintain close ties with PM Modi as the US and India navigate trade tariffs and energy-related tensions.
Kuehne+Nagel’s CEO admits climate goals are proving “very difficult” as emissions trend the wrong way.
India’s carbon black capacity is set to rise 25–30% annually through FY27, driven by new investments and export demand, even as tyre industry growth remains modest.
Europe’s renewable PPA market has plunged, with deals down 60% and capacity 40% lower than last year — a setback for the continent’s energy independence and carbon neutral goals.
The UN Panel of Experts on Yemen finds sanctions have failed to curb the Houthis’ access to equipment for shipping attacks.
K Shipbuilding is finalising a $150m deal with Greece’s J.H.I Steamship for two 115,000DWT tankers, but Korea’s mid-sized yards still face dwindling orders and long-term survival risks.
Wallenius Wilhelmsen warns US port fees will dent fourth-quarter profits.
C40 Cities, IFC – International Finance Corporation, and International Association of Ports and Harbors (IAPH) have launched the Global Port Sustainability-Linked Loan Initiative.
EU agri-food exports rose 2% in January–July 2025, but cereal exports fell 20% due to lower wheat and maize volumes, with shipments to China down 8%.
Costamare has expanded its newbuilding programme in China, adding two more 3,100teu vessels.
CMA CGM shows commitment to France’s maritime sector with it registering 10 megamax newbuilds.
The fleet of world’s largest container line is now larger than Maersk and Hapag-Lloyd AG combined.
Investors remain bullish on offshore wind, with Apollo funds committing $6.5bn to the UK and Copenhagen Infrastructure Partners planning $3bn for the Philippines.
Blue Logistics has acquired Rhenus Logistics Group’s air and sea freight operations in Norway.
Stena Line has agreed to acquire Wasaline’s operations to strengthen its presence on the world’s northernmost shipping route.
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