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.
US forces launched fresh strikes on Iranian targets late Wednesday, aiming to curb IRGC attacks on hamerchant shipping in the Strait of Hormuz.
Hormuz traffic has dropped sharply since hostilities resumed, with INTERTANKO reporting only around 30 daily transits and single figures using the US-backed southern route.
Baltic Dry Index breaks 6-day advance falling four points to 2,870 points, pressured by the larger vessel segment.
CPP activity facing downward activity as China holds back on exports until mid-September.
Wilson ASA has taken delivery of Wilson ECOVI, completing its six-vessel 3,800 dwt shortsea cargo series in India.
Tighter EU environmental rules could leave shipping facing an 11m-tonne green fuel shortfall by 2030.
The IMO has condemned renewed attacks on commercial ships in the Strait of Hormuz, warning seafarers are again being put in direct danger.
TT Club has warned that a potential “super” El Niño could create systemic supplychain risk without stronger resilience planning.
Hapag-Lloyd AG has signed with Inmarsat Maritime to deploy Nexus Wave connectivity across its global fleet.
Crude tanker newbuilding has hit record levels as owners chase VLCC and suezmax capacity amid strong freight, ageing fleets and geopolitical disruption.
Bruton is splitting into two companies as it takes delivery of its first supertanker, with analysts seeing upside in the planned listed tanker vehicle.
Kuehne+Nagel has opened Italy’s largest educational publishing logistics hub to boost seasonal distribution capacity and delivery reliability.
RAD Propulsion has raised £4.4m to advance autonomous electric vessel technology for defence and commercial markets.
ISWAN – SOUTH ASIA reports rising welfare pressures on seafarers and families, urging stronger industry support for safety wellbeing and dignity.
The U.S. has revoked its temporary sanctions waiver for Iranian crude and petrochemical exports, with wind-down deals due by 17 July.
Berge Bulk says its drybulk fleet is already ahead of IMO 2030 carbon-intensity targets, helped by voluntary carbon credits.
Seaspan Corporation and Maersk will invest around $75m upgrading 18 chartered containerships to cut fuel use, lift capacity and improve emissions performance.
Shipowners should fix broken business processes before buying new software, saysPATHWAYS’ Martin Karlstad.
Stena Line has rolled out Telko’s TELSCOPE Electronic Record Book system across all 32 RoPax RoRo vessels.
Peninsula and ITOCHU Corporation have formed a European joint venture to accelerate ammonia bunkering development.
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