The Panamax Post Wednesday, June 10th

Good morning, and welcome to the daily Panamax Post column

Silhouettes of container cranes and cargo vessels at a port during sunset, set against an orange evening sky

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

Arsenio Dominguez has again put seafarer welfare and safety as the top priority at time when a growing number of vessels attempt to transit the Strait of Hormuz.

Suez Canal transit fees are set to rise from mid-July, with new surcharges mainly affecting oil gas bulk and containerships while passenger vessels remain exempt.

BALTIC EXCHANGE LIMITED(THE) dry bulk freight index dropped 3.4% to 2,818 points.
 
After years in quieter waters, offshore vessels are back in focus as improving earnings, higher asset values and renewed deal activity point to a sector regaining commercial momentum.

DP World has signed an agreement with French research organisation CEA and strategy specialist TerraWater Institute.

Vancouver Fraser Port Authority has appointed Cheryl Nelms as President of the Roberts Bank Terminal 2 Project.

ANEMOI Marine Technologies and several industry partners have concluded a joint development project (JDP) that integrates Anemoi’s Rotor Sails.

UKHO has launched ADMIRALTY Digital Sailing Directions, moving traditional passage-planning publications into an interactive digital format.

Lloyd’s Register says only a quarter of shipping companies have reached top ESG maturity, showing that most of the industry still has work to do on governance reporting and sustainability performance.

ABS says the IMO has set a clear decarbonisation direction, but warns that the practical route forward will require a measured, data-led global framework.

TMD ENERGY, INC. has extended its agreement with double corporate sdn for two years, signalling continued interest in bio energy and alternative bunker opportunities.

K+S Group is strengthening its European salt footprint with a €350m acquisition of Qemetica Deutschland and Polish salt assets.

Logistics majors see the new EU Mexico trade deal as a catalyst for stronger nearshoring, more resilient supplychains and greater cargo flows: Shipping Watch
 
The EU’s latest sanctions widen pressure on Russia’s shadow fleet by targeting bunker vessels for the first time.

Accelleron and Whale Guardians™ are adding whale-protection data to voyage optimisation, helping ships reduce strike risk through smarter routing, speed guidance and environmental intelligence.

Anglo-Eastern and Ocean Score are strengthening digital compliance workflows for EU ETS and FuelEU Maritime.

FAO is urging more efficient fertilizer use as Hormuz disruption threatens key flows of energy crop inputs, sulfur and fertilizers, raising wider risks for global food security.

 

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