Good morning, and welcome to the daily Panamax Post column.
 
With much in the news, I wish you good fixtures and safe travels. And now for the news before the headlines.
 
The U.S. Coast Guard has established a 1,000-yard safety zone as crews battle a fire aboard DCOR’s non-operational Platform Habitat off the California coast.

Hormuz disruption is forcing Gulf cargo inland, with Saudi–Oman Route 95 emerging as a fast-growing alternative corridor for fertilizers food, medicines and machinery.

Canal de Panamá priority transit auctions have surged to a record $4m per vessel as Middle East turmoil reshapes global shipping routes.

BALTIC EXCHANGE LIMITED(THE) index rose about 1.8% to 3,031.
 
The US has sanctioned 12 individuals and entities accused of helping the IRGC facilitate Iranian oil sales and shipments to China.

Reports today indicate that Iran warned both the UK and France that any military deployment supporting operations in the Strait of Hormuz would trigger an “immediate and decisive response.

TORM faces scrutiny after a tanker it sold in 2025 later entered the Russian shadow fleet, despite contractual safeguards and no admitted sanctions breach: Shipping Watch

CMA CGM is deepening its Kenya ports and logistics footprint, backing Africa’s growth story as already underway rather than still on the horizon: Shipping Watch

DSV – Global Transport and Logistics is targeting over $1bn in AI driven gains while keeping its DB Schenker synergy expectations firmly on track.

Hapag-Lloyd AG and Kuehne+Nagel are expanding their long-standing partnership with a new focus on emission-reduced ocean transport solutions, marking their first joint push into lower-carbon shipping services.

DOF expects lower profit from its Danish operation as it continues selling off parts of the former Maersk Supply fleet: Shipping Watch

DHL is backing AI in logistics, but warns the real value comes from turning data into practical action, not hype: Shipping Watch
 
The U.S. Central Command (CENTCOM Global, Inc.) on Monday said that the U.S. military has stopped or redirected 62 commercial ships as a blockade of Iranian ports continues to be enforced.

Aramco’s CEO warns the prolonged Hormuz closure has become a major energy shock, with market normalisation potentially pushed into 2027 if flows do not resume soon.
 
Sanctioned Iranian-flagged dark fleet tanker Sevda (IMO 9172040) appears to be damaged and on fire, but still afloat, 11.5 nm south-east of the Bandar-e Jask headland.
 
Sweden-based Berg Propulsion has announced that is providing the propulsion technology and systems integration for vessels in India’s Green Tug Transition Programme.

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