The Panamax Post Thursday, April 23rd

Good morning, and welcome to the daily Panamax Post column

Calm sea with gentle waves in the foreground and a range of green, hilly islands under a cloudy sky

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

Iran’s Islamic Revolutionary Guard Corps is claiming to have taken control of two containerships linked to MSC Mediterranean Shipping Company that were attempting to exit the Persian Gulf

BALTIC EXCHANGE LIMITED(THE)‘s dry bulk freight index extended its rally into a 14th session on Wednesday, rising 1.3% to 2,675 points

Two ships were attacked in the Strait of Hormuz, signaling Iran’s willingness to use force after recent U.S. interdictions of Iranian tonnage.

The US COAST GUARD reported that the search efforts are intensifying after the loss of the U.S.-flagged cargo ship Mariana as Super Typhoon Sinlaku overtook the Northern Mariana Islands.

Middle East conflict is putting extra strain on fragile agrifood systems and global supplyc hains, raising fresh concerns over food availability, access, and affordability, FAO chief Qu Dongyu warned.

Rising crew demand for on board connectivity is making both welfare and cost control harder to manage, prompting operators to look at tools that give seafarers more autonomy while keeping data allocation visible across the fleet.

Iran’s move to charge a toll for the Strait of Hormuz is reported to have sparked Indonesia’s Finance Minister Purbaya Yudhi Sadewa to suggest the same idea for the Malacca Strait.

CMA CGM is ramping up its services operating via the southern Red Sea bottleneck of the Bab al-Mandeb even as war in the Arabian Gulf persists.

The Port of Rotterdam has reported a 0.7% decrease in first quarter throughput compared with the first three months of 2025.

Germany’s shortage of suitable truck parking is creating fresh disruption for oversized cargo, with a wind blade convoy forced onto a motorway hard shoulder as pressure grows on abnormal-load logistics.

As multi- LEO connectivity spreads across shipping, attention is shifting from bandwidth alone to network design and integration, which are increasingly central to reliability, cost control and cyber security across fleets.

bound4blue has announced the completed installation of two 24-metre eSAILs onboard the Klaveness Combination Carriers ASA newbuild MV Baltazar.

A broad maritime coalition is urging IMO member states to revisit the Net Zero Framework ahead of next week’s MEPC meeting in London, arguing that alternative proposals better match climate ambition with market readiness.

Seafarers are being discouraged from reporting health concerns early due to a lack of onboard medical confidentiality.

Bureau Veritas | Marine & Offshore (BV) has announced the launch of its Offshore Center of Excellence in Asia Pacificod fixtures and safe travels. And now for the news before the headlines.

 

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