Good morning and welcome to my daily Panamax Post column

London will see a breezy day, cloud and light rain, sunshine and showers later on 17C

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

U.S. Central Command reported that no Iran-linked shipping traffic had made it past its blockade during the first 24 hours of operation

Russian drones attacked Ukraine’s Izmail port overnight and damaged a civilian Panama-flagged vessel.

India was the second-highest buyer of Russian fossil fuels in March 2026, importing a total of €5.8bn of Russian hydro carbons Crude oil products constituted 91%, totaling €5.3bn.

Oil prices fell further as hopes for renewed US-Iran talks eased fears of fresh supply disruption, with Brent down to roughly $95 a barrel and WTI around $92.50: Wall Street Journal

Shipping companies are being urged to review cyber resilience after Greece’s National Cyber security Authority issued a high-priority warning for critical sectors to check systems for potential threats.

MSC Mediterranean Shipping Company’s generational transition has drawn comparisons with Maersk, with observers noting that founder Gianluigi Aponte may still remain an active force for years: Shipping Watch

FLYING WHALES is stepping up plans to establish operations across Africa, with plans for a southern cargo hub in Botswana: Project Cargo Journal

The arrival of the first ocean-going vessel at Great Lakes ports is a key annual milestone for North American industrial supply chains: Project Cargo Journal

VIKING Life-Saving Equipment says its new Helix marine evacuation system enables faster passenger evacuation, simpler crew operation.

The heads of the IEA, IMF and The World Bank Group met yesterday under the coordination group formed in early April to strengthen their response to the energy and economic fallout from the Middle East war.

Elenger Group has started preparations for the next heating season, with three LNG cargoes to arrive at the Inkoo terminal in Finland and two at the Klaipeda LNG terminal in Lithuania.

Viva Energy’s proposed gas terminal in Geelong has received formal approval.

Eastern Pacific Shipping Pte. Ltd. has marked its 600th ship-to-ship LNG bunkering operation, with FueLNG Private Limited Bellina.

Despite the end of Easter, Europe’s large-tonnage market remains flat, with charterers pushing rates lower across intermed and grain trades.

The South Atlantic Supramax / Ultramax market is still quiet after the holidays, but improving sentiment, tighter ECSA tonnage, and fresh cargoes are lending firmer support to rates.

Carg supply is moderate across European grain scrap, and fertilizers, but ample tonnage and softer bunkers are keeping voyage rates under pressure.

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